SIMPPLE Ltd. does not meet Nasdaq requirements for stockholders' equity and annual meeting

From GlobeNewswire: 2025-01-17 19:00:00

SIMPPLE Ltd. (NASDAQ: SPPL) received letters from Nasdaq stating it does not meet the minimum stockholders’ equity requirement and annual meeting requirement. Stockholders’ equity of $950,980 was below the required $2,500,000, and an annual meeting was not held within the required timeframe. The company has until March 3, 2025, to submit a plan for compliance. SIMPPLE Ltd. is focused on PropTech solutions, serving over 60 clients in Singapore and expanding globally. The company is developing a plan to increase stockholders’ equity and meet Nasdaq requirements, aiming for compliance by the deadline.



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