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Stock impact report

Internet Gold Regains Compliance with Nasdaq Minimum Bid Price Per Share Requirement

INTERNET GOLD GOLDEN (IGLD) 
US:NASDAQ Investor Relations: igld.com
Company Research Source: GlobeNewswire
Ramat Gan, Israel , Sept. 05, 2019 (GLOBE NEWSWIRE) -- Internet Gold - Golden Lines Ltd. (the “Company” or “Internet Gold”) (NASDAQ Global Select Market and TASE: IGLD), today announced that on September 4, 2019, it received a letter from the Listing Qualifications Department of Nasdaq notifying the Company that it has regained compliance with the requirement to maintain a minimum bid price of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a)(1). It should be noted that as indicated in the Company's previous announcements dated June 4, 2019 and August 21, 2019, the Company received additional notices from the Listing Qualifications Department of Nasdaq relating to non-compliance with Listing Rule 5450(b)(1)(B) requiring a minimum of 750,000 publicly held shares and Rule 5450(b)(1)(C) requiring a minimum market value of publicly held shares of $5,000,000. About Internet GoldInternet Gold is a telecommunications-oriented holding company whose principal asset is a 51.95% Show less Read more
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