SOS Staffing Services Inc. will continue to have its common stock listed on the Nasdaq SmallCap Market.
The Salt Lake-based company recently received notice from Nasdaq that it had met Nasdaq's $1 minimum bid price requirement and other requirements for continued listing.
SOS has agreed to merge with Hire Calling Holding Co., a staffing firm based in Oregon. SOS has 350 staff employees and about 60,000 field employees, operating 75 offices in 13 states.
SOS stock closed down 1 cent at $1.31 per share Monday.