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MingZhu Logistics Holdings ( (YGMZ) ) has issued an announcement.
Mingzhu Logistics Holdings Limited announced that it has been granted an extension by Nasdaq to address its listing deficiency, following a previous determination to delist the company due to its stock price falling below $1 per share. The company had requested a hearing on February 20, 2025, and presented a compliance plan on March 27, 2025, leading to the extension granted on March 31, 2025. This extension provides Mingzhu Logistics with an opportunity to rectify its stock price issues and maintain its listing, which is crucial for its market presence and investor confidence.
More about MingZhu Logistics Holdings
Mingzhu Logistics Holdings Limited operates in the logistics industry, focusing on providing comprehensive transportation and logistics services. The company is based in Shenzhen, Guangdong, China, and is involved in offering solutions that cater to the transportation needs of various sectors.
YTD Price Performance: -16.25%
Average Trading Volume: 46,931
Technical Sentiment Signal: Strong Buy
Current Market Cap: $58.2M
For an in-depth examination of YGMZ stock, go to TipRanks’ Stock Analysis page.