Applied Energetics regains compliance with Nasdaq
Applied Energetics Inc., a Tucson- based developer of directedenergy systems, said Thursday that it has regained compliance with the minimum bid price requirements of the Nasdaq Stock Market.
Applied Energetics’ stock has maintained a closing bid price at $1.00 per share or more for at least 10 consecutive trading days, as required by Nasdaq’s listing rules, the company said. The stock closed Thursday at $1.45, up 17 cents.
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