Kuala lumpur: (‘MoneyHero’ or the ‘Company’), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, today announced that it has received a written notice (the ‘Compliance Notice’) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (‘Nasdaq’) dated July 17, 2025, informing the Company that it has regained compliance with the minimum bid price requirement set forth under the Nasdaq Listing Rule 5450(a)(1) (the ‘Minimum Bid Price Requirement’).
According to BERNAMA News Agency, the Company was previously notified by Nasdaq on April 7, 2025, that it was not in compliance with the Minimum Bid Price Requirement. This was due to the closing bid price of the Company’s ordinary shares falling below US$1.00 per share for a period of 30 consecutive business days.
Regaining compliance with the Nasdaq’s listing requirements is a significant step for MoneyHero, as it ensures the company’s continued presence on the exchange. The company operates as a personal finance aggregation and comparison platform, providing consumers with tools and information to make informed financial decisions, and also offers digital insurance brokerage services in the Greater Southeast Asia region.