Westport Regains Compliance with NASDAQ Minimum Bid Requirement
21 Giugno 2023 - 10:00PM
Westport Fuel Systems Inc. (“Westport” or the "Company") (TSX:WPRT
/ Nasdaq: WPRT), a global leader in low-emissions alternative fuel
transportation technologies, announced today that it has received a
Bid Price Compliance Letter from the Nasdaq Listing Qualifications
Staff of the Nasdaq Stock Market LLC ("Nasdaq"), notifying the
Company that it has regained compliance with the minimum bid price
requirement under Nasdaq Listing Rule 5450(a)(1) for continued
listing on The Nasdaq Capital Market®.
On June 21, 2023, Nasdaq determined that for the
last 10 consecutive business days, from June 6, 2023, to June 20,
2023, the closing bid price of the Company's ordinary shares has
been at $1.00 per share or greater. Accordingly, the Company has
regained compliance with Listing Rule 5450(a)(1), and considers
this matter now closed.
About Westport Fuel
SystemsAt Westport Fuel Systems, we are driving innovation
to power a cleaner tomorrow. We are a leading supplier of advanced
fuel delivery components and systems for clean, low-carbon fuels
such as natural gas, renewable natural gas, propane, and hydrogen
to the global automotive industry. Our technology delivers the
performance and fuel efficiency required by transportation
applications and the environmental benefits that address climate
change and urban air quality challenges. Headquartered in
Vancouver, Canada, with operations in Europe, Asia, North America,
and South America, we serve our customers in more than 70 countries
with leading global transportation brands. At Westport Fuel
Systems, we think ahead. For more information, visit
www.wfsinc.com.
Inquiries:
Investor RelationsT: +1
604-718-2046E: invest@wfsinc.com
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