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Flora Regains Compliance with NASDAQ Minimum Bid Requirement
Flora GrowthFlora Growth(US:FLGC) Newsfileยท2025-08-20 12:31

Core Points - Flora Growth Corp. has regained compliance with Nasdaq's minimum bid price requirement, allowing it to continue trading on the exchange [1][2] - The company was previously notified on February 25, 2025, that it was not in compliance due to its stock price falling below $1.00 for 30 consecutive business days [2] - Following a 180-day compliance period, Flora's shares maintained a closing bid price above $1.00 for 10 consecutive trading days from August 4 to August 15, 2025 [2] Compliance Details - The minimum bid price requirement set by Nasdaq is $1.00 per common share [2] - The company was given a 180-calendar day period to regain compliance after the initial notification [2] - The matter of non-compliance has now been closed as the company has met the necessary criteria [2]