Benzinga | Nov 15, 2021 11:09AM EST

ReTo Eco-Solutions, Inc. Regains Compliance With Nasdaq Minimum Bid Price Requirement

ReTo Eco-Solutions, Inc. (NASDAQ:RETO) ("ReTo" or the "Company") a provider of technology solutions for the improvement of ecological environments, today announced that it received notification from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") compliance with the minimum bid price requirement of US$1.00 per share under the Nasdaq Listing Rules (the "Listing Rules").

On November 11 2021, Nasdaq provided confirmation to the Company that for at least 10 consecutive business days, i.e. from October 28 to November 10, 2021, the closing bid price of the Company's ordinary shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2).