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TH International ( (THCH) ) has provided an update.
On January 24, 2025, TH International Limited announced that it received a notice from Nasdaq regarding the potential delisting of its shares due to non-compliance with the minimum bid price requirement. The company is planning to request a hearing to prevent delisting, following a reverse stock split that brought its share price above the required threshold for nine consecutive days. This development is significant as it impacts the company’s market positioning and could have implications for its stakeholders.
More about TH International
TH International Limited, known as Tims China, is the exclusive operator of Tim Hortons coffee shops in mainland China, Hong Kong, and Macau. Founded by Cartesian Capital Group and Tim Hortons Restaurants International, a subsidiary of Restaurant Brands International, the company focuses on local relevance, continuous innovation, community, and convenience.
YTD Price Performance: -14.08%
Average Trading Volume: 28,053
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $101.2M
See more data about THCH stock on TipRanks’ Stock Analysis page.