By  on January 22, 2013

Joe’s Jeans Inc. has returned to compliance with Nasdaq requirements and avoided a possible delisting.

The Los Angeles-based jeanswear company said Tuesday that it was notified by Nasdaq that it had regained compliance with listing requirements by maintaining a closing bid price of $1 or more for at least 10 consecutive trading days. The company fell out of compliance for the third time in four years in December after its stock price fell below the $1 minimum closing price for 30 consecutive trading days.

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