Key facts
- Turbo Energy has regained compliance with Nasdaq's minimum stockholders' equity requirement.
- The company received confirmation from Nasdaq on June 14, 2024.
Turbo Energy announced that it has regained compliance with the minimum stockholders' equity requirement set forth by the Nasdaq Stock Market. The company received an official determination letter from Nasdaq on June 14, 2024, confirming that it has met the necessary criteria to maintain its listing on the exchange. This development is crucial for Turbo Energy as it ensures the company's continued trading on the Nasdaq.