Performance Shipping Inc. (NASDAQ: PSHG) has confirmed today that it will be able to continue listing on Nasdaq Stock Market. The company has dislcosed that the letter of confirmation from Nasdaq stated that PSHG has fulfilled the minimum bid price requirements for listing on the stock exchange.

The Nasdaq Stock Exchange has confirmed that the common shares of Performance Shipping have been at $1.00 per share or greater for at least ten consecutive business days, from November 2, 2020, through November 13, 2020. After that company has recovered its right of listing on the Nasdaq Stock Exchange and the issue is now resolved.