NaaS Technology Inc. Regains Compliance with Nasdaq’s Minimum Bid Price Requirement, Business News
Business new tamfitronics As previously announced, the Company received a notification letter (the "Deficiency Notice") from the Nasdaq dated June 132024 indicating that the closing bid price for the Company's American depositary shares (the "ADSs") was below the minimum bid price of $1.00 required for continued listing under the Nasdaq Listing Rule 5550(a)(2) for 30 consecutive business days. According to the Deficiency Notice, if at any time during the 180-day compliance period, the closing bid price of the Company's ADSs is at least $1.00 for a minimum of ten consecutive business days, the Nasdaq will provide the Company written confirmation of compliance and the matter will be closed. According to...
