Brightline Interactive regains Nasdaq minimum bid price compliance
- Brightline Interactive (BTLN) regained compliance with Nasdaq’s minimum bid price requirement after its shares closed at $1 or higher for 10 consecutive business days.
- The company received Nasdaq’s compliance confirmation on October 12, closing the matter.
- Brightline Interactive (BTLN) implemented a 1-for-8 reverse stock split effective September 28 to regain compliance.
- The stock price traded about 4% higher to $5.28 on Wednesday pre-market hours.
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