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Fitell Corporation (NASDAQ:FTEL) ("Fitell" or the "Company"), a global provider of fitness equipment and health solutions, today announced that on October 15, 2025, it received a written notification from The Nasdaq Stock Market LLC that the Company has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).
To regain compliance with the minimum bid price requirement, the Company were required to maintain a closing bid price of its Class A ordinary shares at or above $1.00 per share for at least 10 consecutive business days. Nasdaq's notice confirmed that Fitell maintained a closing bid price of at least $1.00 for 16 consecutive business days from September 23, 2025 to October 14, 2025. Accordingly, Nasdaq has determined that the matter is now closed.
Posted In: FTEL
