Analyst Summary
- Stran & Company, Inc. received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement.
- The company had a compliance period until July 28, 2025, to regain compliance.
- On February 20, 2025, Nasdaq notified the company that it regained compliance with the minimum bid price requirement.
- The closing bid price of the company’s common stock has been at $1.00 per share or greater for 11 consecutive business days.
Potential Implications
Stock Price
- Positive impact on stock price due to regained compliance with Nasdaq listing rules.