Summary by Futu AI
ESGL Holdings Limited has successfully regained compliance with the Nasdaq's Minimum Bid Price Rule, as per the latest notification from The Nasdaq Stock Market LLC. The company had previously been notified on October 24, 2023, that its Class A ordinary shares were trading below the required $1.00 minimum bid price for over 30 consecutive business days. However, a subsequent notice dated June 25, 2024, confirmed that ESGL Holdings Limited's share price had maintained a closing bid price of $1.00 or higher for 10 consecutive business days from June 10 to June 24, 2024, thus meeting the Nasdaq's listing requirements. The company's Chief Financial Officer, Ho Shian Ching, signed off on the report, fulfilling the regulatory obligations under the Securities Exchange Act of 1934.