SHF Holdings surged 21.34% in premarket trading after announcing it has regained compliance with Nasdaq's Listing Rule 5550, which mandates a minimum of $2.5 million in shareholders' equity. The resolution of this compliance issue removes the risk of delisting, restoring investor confidence in the company's ability to meet exchange requirements. The announcement directly addresses a critical financial threshold, aligning with the stock's sharp premarket rebound.
Comments
No comments yet