Iveda Announces Compliance with Nasdaq Bid Price Requirement

Business Wire

2024-10-02

MESA, Ariz., October 02, 2024--(BUSINESS WIRE)--Iveda (NASDAQ: IVDA), the global leader in cloud-based AI, today announced that the Company has regained compliance with Nasdaq's minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). This compliance follows Iveda’s stock trading above $1.00 per share for 10 consecutive business days. Accordingly, Nasdaq has confirmed that the matter is now closed.

"We are pleased to announce that Iveda has regained full compliance with Nasdaq's listing requirements," said David Ly, CEO of Iveda. "Our team remains committed to advancing our innovative AI and IoT technologies to support smart city initiatives and global safety applications. We also believe maintaining our NASDAQ listing is important to our ultimate value creation for our shareholders."

About Iveda Solutions®

Iveda (NASDAQ: IVDA) provides global solutions for cloud-based video AI search and surveillance technologies that protect the people, places, and things that matter most. Iveda’s technology delivers instant intelligence to existing infrastructure, enabling cities and organizations worldwide to seamlessly enter the fifth industrial revolution. Iveda operates at the forefront of the digital transformation of cities across the globe, using IoT platforms with smart sensors and devices to support public safety, security, elderly care, energy efficiency, and environmental preservation. Headquartered in Mesa, Arizona, with a subsidiary in Taiwan, Iveda is publicly traded under the ticker symbol "IVDA."

View source version on businesswire.com: https://www.businesswire.com/news/home/20241002838249/en/

Contacts

Olivia Civiletto Erwin
iveda@dottedlinecomm.com

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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This compliance follows Iveda’s stock trading above $1.00 per share for 10 consecutive business days. Accordingly, Nasdaq has confirmed that the matter is now closed.</p>\n<p>\"We are pleased to announce that Iveda has regained full compliance with Nasdaq's listing requirements,\" said David Ly, CEO of Iveda. \"Our team remains committed to advancing our innovative AI and IoT technologies to support smart city initiatives and global safety applications. We also believe maintaining our NASDAQ listing is important to our ultimate value creation for our shareholders.\"</p>\n<p><b>About Iveda Solutions®</b></p>\n<p>Iveda (NASDAQ: IVDA) provides global solutions for cloud-based video AI search and surveillance technologies that protect the people, places, and things that matter most. Iveda’s technology delivers instant intelligence to existing infrastructure, enabling cities and organizations worldwide to seamlessly enter the fifth industrial revolution. Iveda operates at the forefront of the digital transformation of cities across the globe, using IoT platforms with smart sensors and devices to support public safety, security, elderly care, energy efficiency, and environmental preservation. Headquartered in Mesa, Arizona, with a subsidiary in Taiwan, Iveda is publicly traded under the ticker symbol \"IVDA.\"</p>\n<p><span>View source version on businesswire.com: </span><span>https://www.businesswire.com/news/home/20241002838249/en/</span></p>\n<p><b>Contacts</b></p>\n<p>Olivia Civiletto Erwin<br/>iveda@dottedlinecomm.com<br/></p></body></html>","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Iveda Announces Compliance with Nasdaq Bid Price Requirement</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIveda Announces Compliance with Nasdaq Bid Price Requirement\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Business Wire</strong><span class=\"h-time small\">2024-10-02 20:30</span>\n</p>\n</h4>\n</header>\n<article>\n<html><body>\n<figure>\n<img border=\"0\" height=\"225\" src=\"https://s1.yimg.com/uu/api/res/1.2/ZC0KWeC0vV5n.I8F8Gc2WQ--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/business-wire.com/6d818d22be66d5a6a283a502901d982d\" title=\"\" width=\"225\"/>\n<figcaption></figcaption>\n</figure>\n<p><b>MESA, Ariz., October 02, 2024</b>--(BUSINESS WIRE)--Iveda (NASDAQ: IVDA), the global leader in cloud-based AI, today announced that the Company has regained compliance with Nasdaq's minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). This compliance follows Iveda’s stock trading above $1.00 per share for 10 consecutive business days. Accordingly, Nasdaq has confirmed that the matter is now closed.</p>\n<p>\"We are pleased to announce that Iveda has regained full compliance with Nasdaq's listing requirements,\" said David Ly, CEO of Iveda. \"Our team remains committed to advancing our innovative AI and IoT technologies to support smart city initiatives and global safety applications. We also believe maintaining our NASDAQ listing is important to our ultimate value creation for our shareholders.\"</p>\n<p><b>About Iveda Solutions®</b></p>\n<p>Iveda (NASDAQ: IVDA) provides global solutions for cloud-based video AI search and surveillance technologies that protect the people, places, and things that matter most. Iveda’s technology delivers instant intelligence to existing infrastructure, enabling cities and organizations worldwide to seamlessly enter the fifth industrial revolution. Iveda operates at the forefront of the digital transformation of cities across the globe, using IoT platforms with smart sensors and devices to support public safety, security, elderly care, energy efficiency, and environmental preservation. Headquartered in Mesa, Arizona, with a subsidiary in Taiwan, Iveda is publicly traded under the ticker symbol \"IVDA.\"</p>\n<p><span>View source version on businesswire.com: </span><span>https://www.businesswire.com/news/home/20241002838249/en/</span></p>\n<p><b>Contacts</b></p>\n<p>Olivia Civiletto Erwin<br/>iveda@dottedlinecomm.com<br/></p></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://finance.yahoo.com/news/iveda-announces-compliance-nasdaq-bid-123000152.html\">Business Wire</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://finance.yahoo.com/news/iveda-announces-compliance-nasdaq-bid-123000152.html","article_id":"2472474155","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/Vm08n2vnatW8TSpCqQQESg--~B/aD0yMjU7dz0yMjU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/business-wire.com/6d818d22be66d5a6a283a502901d982d"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2472474155","pubTimestamp":1727872200,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"MESA, Ariz., October 02, 2024----Iveda , the global leader in cloud-based AI, today announced that the Company has regained compliance with Nasdaq's minimum bid price requirement set forth in Nasdaq Listing Rule 5550. 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This compliance follows Iveda’s stock trading above $1.00 per share for 10 consecutive business days. Accordingly, Nasdaq has confirmed that the matter is now closed.\n\"We are pleased to announce that Iveda has regained full compliance with Nasdaq's listing requirements,\" said David Ly, CEO of Iveda. \"Our team remains committed to advancing our innovative AI and IoT technologies to support smart city initiatives and global safety applications. We also believe maintaining our NASDAQ listing is important to our ultimate value creation for our shareholders.\"\nAbout Iveda Solutions®\nIveda (NASDAQ: IVDA) provides global solutions for cloud-based video AI search and surveillance technologies that protect the people, places, and things that matter most. Iveda’s technology delivers instant intelligence to existing infrastructure, enabling cities and organizations worldwide to seamlessly enter the fifth industrial revolution. Iveda operates at the forefront of the digital transformation of cities across the globe, using IoT platforms with smart sensors and devices to support public safety, security, elderly care, energy efficiency, and environmental preservation. Headquartered in Mesa, Arizona, with a subsidiary in Taiwan, Iveda is publicly traded under the ticker symbol \"IVDA.\"\nView source version on businesswire.com: https://www.businesswire.com/news/home/20241002838249/en/\nContacts\nOlivia Civiletto Erwiniveda@dottedlinecomm.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0}}}