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Internet Gold regains compliance with Nasdaq's minimum bid price requirement

Internet Gold - Golden Lines Ltd. was notified by the listing qualifications department of Nasdaq on Sept. 4 that it regained compliance with the requirement to maintain a minimum bid price of $1.00 per share.

The Israeli telecom company is still noncompliant with two other Nasdaq listing rules, requiring a minimum of 750,000 publicly held shares and a minimum market value of publicly held shares of $5 million.