-

Oblong Announces Compliance with Nasdaq Bid Price Requirement

LOS ANGELES--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), the award-winning maker of multi-stream collaboration solutions, today announced that the Company received formal notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq's minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). Accordingly, Nasdaq has advised that the matter is now closed.

About Oblong, Inc.

Oblong (Nasdaq:OBLG) provides innovative and patented technologies that change the way people work, create, and communicate. Oblong’s flagship product Mezzanine™ is a remote meeting technology platform that offers simultaneous content sharing to optimize audience engagement and situational awareness. For more information, visit www.oblong.com and Oblong’s Twitter and Facebook pages.

Contacts

Investor Relations Contact
David Clark
investors@oblong.com
(213) 683-8863 ext 2205

Industry:

Oblong, Inc.

NASDAQ:OBLG
Release Versions
English

Contacts

Investor Relations Contact
David Clark
investors@oblong.com
(213) 683-8863 ext 2205

More News From Oblong, Inc.

Oblong Announces Authorization of Stock Buyback Program

DENVER--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), announced today that its Board of Directors has authorized a stock buyback program (the “Program”) to repurchase up to $500,000 of the Company’s common stock. With approximately 1.1 million shares of common stock outstanding, the Program could enable the Company to repurchase up to approximately 25% of its shares at current market prices, reflecting management’s strong belief that the stock is undervalued. Share r...

Oblong Announces Financial Results for Fourth Quarter 2024 and Provides Business Update

DENVER--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), an innovator in collaboration solutions, today reported financial results for the fourth quarter and fiscal year ending December 31, 2024, and provided updates on the Company's business and strategy. “As of December 31, 2024, our financial footing remains strong, with $5.0 million in cash and zero debt. During Q4, we raised $231,000 from common stock warrant exercises and streamlined operations to increase efficie...

Oblong Announces Financial Results for Third Quarter 2024 and Provides Business Update

DENVER--(BUSINESS WIRE)--Oblong, Inc. (Nasdaq: OBLG) (“Oblong” or the “Company”), an innovator in collaboration solutions, today reported financial results for the three and nine months ended September 30, 2024, and provided updates on the Company’s business and strategy. "As of September 30, 2024, our financial footing remains strong, with $5.6 million in cash and zero debt. We further boosted liquidity in October with an additional $231,000 from common stock warrant exercises and streamlined...
Back to Newsroom