On April 29, 2020, China Recycling Energy Corporation (NASDAQ: CREG )received a letter from Nasdaq confirming that the CREG regained compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules. For ten consecutive business days, beginning from April 15, 2020 to April 28, 2020, the closing bid price of the Company’s common stock has been at $1.00 per share or greater, and therefore the Company has regained compliance with the minimum bid price requirement.
The price of one CREG stock is now well above $1.00. Share opened on Modnay at $2.89 and is now trading $3.03.
