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EZGO Technologies ( (EZGO) ) has shared an announcement.
EZGO Technologies Ltd. has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, as its share price has been below $1.00 for 30 consecutive business days. The company has a grace period of 180 days to regain compliance, with the possibility of a further 180-day extension if necessary. Although this notice does not immediately affect the company’s Nasdaq listing, EZGO may consider options like a reverse share split to meet the requirements, while its operations remain unaffected.
More about EZGO Technologies
EZGO Technologies Ltd. is a leading provider of short-distance transportation solutions in China, leveraging an Internet of Things (IoT) platform and two e-bicycle brands, ‘EZGO’ and ‘Cenbird.’ The company focuses on the design, manufacturing, and sale of two-and three-wheeled electric vehicles, intelligent robots, and accessories such as batteries and charging piles.
YTD Price Performance: -81.98%
Average Trading Volume: 109,612
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.12M
For a thorough assessment of EZGO stock, go to TipRanks’ Stock Analysis page.