Mogo Regains Compliance with Nasdaq Minimum Bid Price Requirement
31 Agosto 2023 - 11:33AM
Business Wire
Mogo Inc. (NASDAQ:MOGO) (TSX:MOGO) (“Mogo” or the “Company”),
one of Canada’s leading financial technology companies, today
announced that it has received formal notice from the Nasdaq Stock
Market LLC ("Nasdaq") stating that the Company has regained
compliance with the minimum bid price requirement in Nasdaq Listing
Rule 5550(a)(2) for continued listing on Nasdaq.
The notice indicated that, as a result of the closing bid price
of the Company’s common share having been US$1.00 per share or
greater for at least ten consecutive business days, from August 14,
2023 through August 25, 2023, the Company has regained compliance
with Nasdaq Listing Rule 5550(a)(2) and the matter has been
closed.
About Mogo
Mogo, one of Canada’s leading digital finance companies, is
empowering its members with simple digital solutions to help them
build wealth and achieve financial freedom. Mogo’s trade app,
MogoTrade, offers commission-free stock trading that helps users
make a positive impact with every investment and together with
Moka, Mogo’s wholly-owned subsidiary bringing automated,
fully-managed flat-fee investing to Canadians, forms the heart of
Mogo’s digital wealth platform. Mogo also offers digital loans and
mortgages. Through Mogo’s wholly-owned subsidiary, Carta Worldwide,
we also offer a digital payments platform that powers the
next-generation card programs from innovative fintech companies in
Europe and Canada. To learn more, please visit mogo.ca or download
the mobile app (iOS or Android).
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version on businesswire.com: https://www.businesswire.com/news/home/20230831055071/en/
Craig Armitage Investor Relations investors@mogo.ca (416)
347-8954
US Investor Relations Contact Lytham Partners, LLC Ben Shamsian
New York | Phoenix shamsian@lythampartners.com (646) 829-9701
Mogo (NASDAQ:MOGO)
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