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NII Holdings regains compliance with Nasdaq

NII Holdings Inc. regained compliance with the minimum bid price requirement in the Nasdaq Listing Rules.

The company said March 13 that it closed a bid price of more than $1 for 10 consecutive business days to regain compliance.

In February, NII Holdings received an extension through June 11 to regain compliance with the minimum closing bid price requirement for the Nasdaq Global Select Market.

NII Holdings is a provider of differentiated mobile communication services for businesses and high value consumers in Brazil.