Synchronoss Regains Compliance with Nasdaq Minimum Bid Price Requirement
December 28 2023 - 8:00AM
Synchronoss Technologies, Inc.
(“Synchronoss” or the “Company”) (Nasdaq: SNCR), a
leading global provider of personal cloud software and services,
today announced that it has received notice from The Nasdaq Stock
Market LLC (“Nasdaq”) informing the Company that, after having a
closing bid price over $1.00 for over eleven consecutive business
days from December 11 through December 26, it has regained
compliance with the minimum bid price requirement under Nasdaq
Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital
Market, and that matter is now closed.
About Synchronoss
Synchronoss Technologies (Nasdaq: SNCR), a
global leader in personal Cloud solutions, empowers service
providers to establish secure and meaningful connections with their
subscribers. Our SaaS Cloud platform simplifies onboarding
processes and fosters subscriber engagement, resulting in enhanced
revenue streams, reduced expenses, and faster time-to-market.
Millions of subscribers trust Synchronoss to safeguard their most
cherished memories and important digital content. Explore how our
Cloud-focused solutions redefine the way you connect with your
digital world at www.synchronoss.com.
Media Relations Contact:Domenick
CileaSpringboarddcilea@springboardpr.com
Investor Relations Contact:Matt Glover and Tom
ColtonGateway Group, Inc.SNCR@gateway-grp.com
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