MILPITAS, Calif.--(BUSINESS WIRE)-- Dialogic Inc. (NASDAQ: DLGC) today announced that it has been formally notified by the NASDAQ Listing Qualifications Department that the company has regained compliance with the NASDAQ Bid Price Rule, as a result of the closing bid price of its common stock having been at or above the minimum requirement of $1.00 per share for at least ten consecutive trading days. As a result, shares of Dialogic will continue to trade on the NASDAQ Global Market and the matter related to the Bid Price Rule is now closed.
About Dialogic
Dialogic (NASDAQ: DLGC) is a leading provider of products and technologies that enable operators to provide – and subscribers to enjoy - an enhanced mobile experience. Whether our products are used in mobile value-added service solutions or to transform, connect and optimize communications services, Dialogic understands that mobile experience matters. Our technology touches over two billion mobile subscribers a day and our network solutions carry more than 15 billion minutes of traffic per month.
For more information on Dialogic and the communications solutions built on Dialogic® technology, visit www.dialogic.com and www.dialogic.com/showcase. Dialogic is a registered trademark of Dialogic Inc. or one of its affiliates. (DLGC-IR)
Investor Relations:
Dialogic Inc.
Andrew Goldberg, 973-967-6425
SVP, Marketing & Strategy
andrew.goldberg@dialogic.com
Source: Dialogic Inc.