Summary by Futu AI
On July 25, 2024, Clene Inc. announced that it had received a notice from the Nasdaq Stock Market confirming the company's compliance with the minimum bid price requirement. Clene Inc.'s common stock maintained a closing bid price of at least $1.00 per share for 10 consecutive business days, from July 11, 2024, to July 24, 2024. This achievement signifies that Clene Inc. has met the Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market. With this notice, the issue regarding the company's listing compliance has been resolved.