Energys Group Limited regained compliance with Nasdaq's $1.00 minimum bid price requirement after 10 consecutive business days above the threshold, closing the matter.
Key takeaways
Received Nasdaq Compliance Letter on April 2, 2026, confirming bid price at $1.00 or greater from March 19 to April 1, 2026.
Regained compliance with Listing Rule 5550(a)(2); matter now closed.
CEO Kevin Cox emphasized value of Nasdaq listing and intent to maintain bid price compliance.
Has not yet received notice of compliance with $35M market value requirement under Rule 5550(b)(2), though management believes it is met.