Gevo regains compliance with Nasdaq’s minimum bid price listing requirement

Gevo regains compliance with Nasdaq’s minimum bid price listing requirement

5:05 AM, 27th January 2017
Gevo logo

ENGLEWOOD, US: Gevo Inc has received a letter from The Nasdaq Stock Market LLC notifying the company that it has regained compliance with the Nasdaq Capital Market's minimum bid price continued listing requirement. 

The letter noted that as of 20 January 2017, the company evidenced a closing bid price of its common stock in excess of the $1.00 minimum requirement for at least ten consecutive trading days. Accordingly, the company has regained compliance with Nasdaq Marketplace Rule 5550(a)(2) and Nasdaq considers the matter closed.

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