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-0.00677966101694908 -0.0106537530266344 0.00387409200968521 0.0414382566585957 0.0164648910411623 0.107021791767555 0.582566585956416 0.967796610169492
Stock impact report

Direct Digital Holdings Regains Compliance with Nasdaq Stockholders' Equity Requirement [Yahoo! Finance]

Direct Digital Holdings, Inc. (DRCT) 
Company Research Source: Yahoo! Finance
the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP") and Orange 142, LLC ("Orange 142"), today announced that it has received notice from the Listing Qualifications Department of The Nasdaq Stock Market notifying the Company that it has regained compliance with the minimum stockholders' equity requirement for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(b)(1), which requires listed companies to maintain stockholders' equity of at least $2,500,000. Additionally, the Nasdaq Hearings Panel has granted the Company an exception until January 30, 2026, to demonstrate compliance with the minimum bid price requirement for continued listing as set forth in Nasdaq Listing Rule 5550(a)(2), which requires the Company's Class A Common Stock to close at or above $1.00 per share for a minimum of 10 consecutive business days. Mark Walker, Chief Executive Officer of Direct Digit Show less Read more
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