Dialogic Regains Compliance with NASDAQ Bid Price Rule

Dialogic Regains Compliance with NASDAQ Bid Price Rule

MILPITAS, Calif.--(BUSINESS WIRE)-- Dialogic Inc. (Nasdaq: DLGC) today announced that it has been formally notified by the NASDAQ Listing Qualifications Department that the company has regained compliance with the NASDAQ Bid Price Rule, as a result of the closing bid price of its common stock having been at or above the minimum requirement of $1.00 per share for at least ten consecutive trading days. As a result, shares of Dialogic will continue to trade on the NASDAQ Global Market and the matter related to the Bid Price Rule is now closed.

About Dialogic

Dialogic (Nasdaq: DLGC) is a leading provider of products and technologies that enable operators to provide - and subscribers to enjoy - an enhanced mobile experience. Whether our products are used in mobile value-added service solutions or to transform, connect and optimize communications services, Dialogic understands that mobile experience matters. Our technology touches over two billion mobile subscribers a day and our network solutions carry more than 15 billion minutes of traffic per month.

For more information on Dialogic and the communications solutions built on Dialogic® technology, visit www.dialogic.com and www.dialogic.com/showcase. Dialogic is a registered trademark of Dialogic Inc. or one of its affiliates. (DLGC-IR)

Investor Relations:
Dialogic Inc.
Andrew Goldberg, 973-967-6425
SVP, Marketing & Strategy

KEYWORDS:   United States  North America  California


Read Full Story

Can't get enough business news?

Sign up for Finance Report by AOL and get everything from retailer news to the latest IPOs delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.