LOBO restores Nasdaq Rule 5550(a)(2) compliance after 10-day run
Rhea-AI Filing Summary
Lobo Technologies Ltd. regained compliance with Nasdaq’s minimum bid price rule. Nasdaq confirmed that the company’s Class A ordinary shares closed at $1.00 per share or greater for 10 consecutive business days from October 16, 2025 through October 29, 2025, satisfying Listing Rule 5550(a)(2).
The company had until November 9, 2025 to cure the deficiency. Nasdaq has deemed the matter closed, and the stock remains listed on the Nasdaq Capital Market.
Positive
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Insights
Nasdaq compliance restored; delisting risk abates.
Lobo Technologies cured a minimum bid price deficiency after its shares closed at
This removes the immediate listing risk tied to the prior notice and keeps the company on the Nasdaq Capital Market. No capital raise or operational change is disclosed in the excerpt.
Future listing status depends on maintaining the price level over time; subsequent filings may disclose any further compliance updates if needed.