Joe's Jeans Regains Compliance with Nasdaq Listing Requirements
Joe's Jeans (NASDAQ: JOEZ) announced today that the Company
received notification from The Nasdaq Stock Market indicating that the
Company has regained compliance with Nasdaq's $1.00 minimum bid price
requirement by maintaining a closing bid price of $1.00 or more for at
least ten consecutive trading days and the matter is now closed.
Marc Crossman, President and CEO, stated, “We are pleased that we are
now in compliance with Nasdaq requirements.” Crossman continued, “As we
stated previously, we are committed to maintaining our Nasdaq listing
and building long-term value for our shareholders.”
About Joe's Jeans Inc.
Joe's Jeans Inc. designs, produces and sells apparel and apparel-related