Lixiang Education Regains Nasdaq Compliance Successfully

Lixiang Education Holding Co (LXEH) has released an update.

Lixiang Education Holding Co. has regained compliance with Nasdaq’s minimum bid price requirement after a 1-for-10 reverse stock split, bringing its American Depositary Shares back above $1.00. This development marks a significant step for the Chinese education service provider, as it secures its Nasdaq listing status. The accomplishment reflects the company’s ongoing efforts to stabilize and enhance its market position.

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