InfoSonics back in NASDAQ good graces

InfoSonics Corp. (NASDAQ: IFON) said that on January 9, 2014 it received notification from the NASDAQ Stock Market indicating that the company has regained compliance with NASDAQ Rule 5550(a) (2) in that the company´s closing bid price has been at USD1.00 per share or greater for at least 10 consecutive business days.

The notification said that the matter of the deficiency, which arose as of December 9, 2013, is now closed and the company´s stock will continue to be listed and trade on The NASDAQ Capital Market.

InfoSonics is a San Diego-based designer, manufacturer and provider of wireless handsets and related products to OEMs, carriers, distributors and consumers in the United States, Latin America, Europe, Africa and Asia Pacific. The company´s website is at www.infosonics.com.

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