Argo Blockchain’s stock, ARBK, has resumed trading on Nasdaq, the company announced in a Securities and Exchange Commission filing Monday morning.
On December 16, Nasdaq first warned Argo it would have to suspend trading because its stock had not maintained a closing price above $1 for 30 consecutive days.
“To regain compliance, the Company was required to maintain a minimum closing bid price of $1.00 for ten consecutive trading days,” the company wrote in its SEC filing. “This requirement was met on 13 January 2023.”
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