Alpine 4 Holdings (ALPP) Regains Compliance with Nasdaq Minimum Bid Price Requirement

/ Alpine 4 Holdings, Inc. (NASDAQ:ALPP), a leading operator and owner of small market businesses, today announced that it received a notification letter (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on May 31, 2023. The letter notified the Company that it regained compliance by meeting the Nasdaq Capital Market's Listing Rule 5550(a)(2) for the minimum bid price requirement.

The Notice stated that "On June 2, 2022, Staff notified the Company that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market. Since then, Staff has determined that for the last 11 consecutive business days, from May 15, 2023, to May 30, 2023, the closing bid price of the Company's common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and this matter is now closed."

Contact:

Investor Relations
[email protected]
www.alpine4.com

SOURCE: Alpine 4 Holdings, Inc.

Source: Alpine 4 Holdings, Inc.

Share:


About Alpine 4 Holdings, Inc.

View Website

Alpine 4 Holdings, Inc. is a Nasdaq traded Holding Company (trading symbol: ALPP) that acquires business, wholly, that fit under one of several portfolios: Aerospace, Technology, and Manufacturing as either a Driver, Stabilizer or Facilitator from Alpine 4's disruptive DSF business model. Alpine 4 works to vertically integrate the various subsidiaries with one another even if from different industries. Alpine 4 understands the nature of how technology and innovation can accentuate a business, focusing on how the adaptation of new technologies, even in brick-and-mortar businesses, can drive innovation. Alpine 4 also believes that its holdings should benefit synergistically from each other, have the ability to collaborate across varying industries, spawn new ideas, and create fertile ground for competitive advantages

Four principles at the core of our business are Synergy. Innovation. Drive. Excellence. At Alpine 4, we believe synergistic innovation drives excellence. By anchoring these words to our combined experience and capabilities, we can aggressively pursue opportunities within and across vertical markets. We deliver solutions that not only drive industry standards, but also increase value for our shareholders.