Autozi Internet receives minimum bid price notice from Nasdaq

Autozi Internet (AZI) Technology announced that it has received a notification letter dated July 2, from the staff of the Listing Qualifications Department of The Nasdaq Stock Market, indicating that for the last 30 consecutive business days, the closing bid price of the company’s American depositary shares was below the minimum bid price of $1.00 per share requirement. “The Nasdaq notification letter does not affect the company’s business operations, and the company will take all reasonable measures to regain compliance within the prescribed grace period,” the company stated.