Avalon (ALBT) GloboCare announced that the Company received notice from The Nasdaq Stock Market on November 19, 2024, notifying the Company that it has regained compliance with Nasdaq’s minimum bid price requirement under Nasdaq Rule 5550(a)(2). David Jin, M.D., Ph.D., CEO of Avalon GloboCare, stated, “Regaining compliance reflects our commitment to our shareholders and reinforces our focus on strong corporate governance. We remain resolute in our mission to drive sustainable long-term value for both our shareholders and stakeholders.”
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