Sundial Growers Inc. (NASDAQ: SNDL) (“Sundial” or the “Company”) today announced that the Nasdaq Stock Market (“Nasdaq”) has confirmed that the Company has regained compliance with Nasdaq’s minimum bid price requirements for continued listing on the Nasdaq Capital Market.
As a result of the closing bid price of the Sundial’s common shares having been at US$1.00 per share or greater for at least ten consecutive business days, the Company has regained compliance with Nasdaq’s Listing Rule, and the matter is now closed.
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