Information technology services provider NetSol Technologies Inc. received notice Aug. 27 that it regained compliance to be listed on the Nasdaq stock market.
The Calabasas-based company was given six months to bring its share prices above $1 for 10 consecutive days.
"We are pleased that this matter is now behind us and look forward to continuing our concentration on pursuing growth opportunities and enhancing value for all stakeholders," said NetSol CEO Najeeb Ghauri in a prepared statement.
NetSol serves clients in the financial, leasing, insurance, energy and technology markets from locations in San Francisco, London, Beijing, Bangkok, Lahore, Adelaide, and Riyadh.
Mark R. Madler