SharpLink says it fully complies with Nasdaq rules

According to Odaily Planet Daily, Ethereum treasury company SharpLink stated on the X platform that it fully complies with Nasdaq regulations and no longer requires shareholder approval if it implements an ATM financing program to purchase ETH. SharpLink emphasized that its strategy remains unchanged, raising capital only when it can create value for shareholders. It also pledged to strictly adhere to compliance and transparency requirements, ensuring that all transactions comply with Nasdaq regulations and industry practices. This follows reports that Nasdaq is strengthening its scrutiny of listed companies that use margin trading to inflate their stock prices.