Autozi Internet receives Nasdaq notice of non-compliance

Autozi Internet (AZI) Technology announced that it has received written notification from The Nasdaq Stock Market dated March 25, 2025, notifying the Company that it is not in compliance with the minimum Market Value of Listed Securities of $50,000,000. Nasdaq Listing Rule 5450(b)(2)(A) requires a company that has its primary equity security listed on the Nasdaq Global market to maintain a minimum Market Value of Listed Securities of $50,000,000, and Nasdaq Listing Rule 5810(c)(3)(C) provides that a failure to meet the market value requirement exists if the deficiency continues for a period of last 30 consecutive business days. Based on the market value of the company for the 30 consecutive business days from February 10, 2025 to March 24, 2025, the company no longer meets the requirement of minimum Market Value of Listed Securities