Cheche Group announced that it received a notification letter from Nasdaq indicating that the company is no longer in compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules as the company’s closing bid price per Class A ordinary share, par value $0.00001 per share, has been below $1.00 for a period of 31 consecutive business days. The notification letter does not result in the immediate delisting of the company’s securities.
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