Home Energy FuelCell Energy regains Nasdaq listing compliance

FuelCell Energy regains Nasdaq listing compliance


FuelCell Energy has regained Nasdaq listing compliance, having flirted with being delisted from the exchange.

The Danbury energy company announced it has received a letter from the Nasdaq stating it has regained compliance with its minimum bid price requirement – $1 per share – in Nasdaq Listing Rule 5450.

The company completed restructuring efforts in November; those included naming Jason Few president and CEO in August after Chip Bottone’s sudden departure from that post.

Meanwhile, another county-based energy firm – Stamford’s Revolution Lighting – was delisted from the Nasdaq in December for failing to meet the minimum bid price requirement.

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