CarParts.com Regains Nasdaq Compliance, CEO Highlights Strong Operational Execution

Date:

TORRANCE, Calif., Jan. 16, 2025 /PRNewswire/ — CarParts.com, Inc. (Nasdaq: PRTS), a leading e-commerce provider of automotive parts and accessories, today announced that it has received notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with Nasdaq’s minimum bid price requirement under Listing Rule 5550(a)(2).

The Company received written notification from Nasdaq on January 16, 2025, stating that because the Company’s shares had a closing bid price at or above $1.00 per share for 10 consecutive business days, from December 30, 2024 to January 14, 2025, the Company has regained compliance with Listing Rule 5550(a)(2) and this matter is now closed.

“Regaining compliance with Nasdaq’s minimum bid price requirement represents an…

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