Ohmyhome Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Rule
Ohmyhome Limited announced it received formal notification from Nasdaq that it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires its Class A ordinary shares to maintain a minimum bid price of $1.00 per share.
Why it matters — Regaining compliance removes the risk of delisting related to the minimum bid price requirement, an important listing-status concern for OMH shareholders.