AquaBounty Technologies, Inc. has amended its 8-K filing to state that, following a recent offering, the company believes it is now compliant with Nasdaq's continued listing standards by meeting the $2.5 million stockholders' equity requirement.
Key takeaways
The company believes it is now in compliance with Nasdaq Listing Rule 5550.
Compliance is based on meeting the Equity Standard under Nasdaq Listing Rule 5550(b)(1).
The Equity Standard requires stockholders' equity of at least $2.5 million.
Compliance was achieved as a result of a recent offering.