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Stock impact report

Cinedigm Corp. Regains Compliance With Nasdaq Listing Rule 5450(a)(1)

Cinedigm Corp - Class A (CIDM) 
Last cinedigm corp - class a earnings: 2/13 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.cinedigm.com
Company Research Source: GlobeNewswire
LOS ANGELES, Feb. 13, 2019 (GLOBE NEWSWIRE) -- Cinedigm Corp. ("Cinedigm" or the "Company") (NASDAQ: CIDM) received formal notification from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Listing Rule 5450(a)(1), which requires the Company's common stock to maintain a minimum bid price of $1.00 per share. The Nasdaq staff made this determination of compliance after the closing bid price of the Company's common stock was at $1.00 per share or greater for the prior 10 consecutive business days. Nasdaq had previously notified the Company of its non-compliance with Listing Rule 5450(a)(1) on December 12, 2018, following 30 consecutive business days for which the closing bid price of the Company's common stock did not meet the $1.00 per share minimum requirement. About Cinedigm                                                         Since inception, Cinedigm has been a leader at the forefront of the digital transformation of content distribution. Show less Read more
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