CHARLOTTE, N.C. - June 18, 2014 // GLOBE NEWSWIRE // - Swisher Hygiene Inc. ("Swisher" or the "Company") (Nasdaq:SWSH), a leading service provider of essential hygiene and sanitizing solutions, announced today that the company received a letter from NASDAQ on June 17, 2014 noting the Company has regained compliance with Listing Rule 5550(a)(2), which requires the Company to maintain a minimum closing bid price of $1.00 per share. NASDAQ staff made the determination after Swisher's bid price closed above $1.00 per share for the prior 10 consecutive business days.
Accordingly, NASDAQ will continue to list Swisher's securities on The NASDAQ Capital Market and considers the matter closed.
Swisher Hygiene Inc. is a NASDAQ listed service company delivering essential hygiene and sanitizing solutions to customers in a wide range of end-markets, with a particular emphasis on the foodservice, hospitality, retail and healthcare industries. These solutions are typically delivered by employees on a regularly scheduled basis and involve providing Swisher's customers with consumable products such as detergents, cleaning chemicals, soap, paper, water filters and supplies, together with the rental and servicing of dish machines and other equipment for the dispensing of those products, as well as additional services such as the cleaning of restrooms and other facilities. Swisher is committed to service excellence, as what Swisher does matters to thousands of customers on a daily basis, helping to create the cleanest and healthiest environments.
SOURCE Swisher Hygiene Inc.
Swisher Hygiene Inc.
News Provided by Acquire Media