Eshallgo (EHGO) announced that the company received a notice from the staff of the Nasdaq stating that for the last 30 consecutive business days, the closing bid price of the company’s class A ordinary shares was below the minimum bid price of $1.00 per share requirement set forth in Nasdaq Listing Rule 5550(a)(2). The Nasdaq notification letter has no current effect on the listing or trading of the company’s class A ordinary shares on Nasdaq.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EHGO:
- Eshallgo Inc. Launches Enterprise-Level AI Solutions Targeting China’s Intelligent Office Market
- Eshallgo Inc Partners with Puyunte for HP Smart Printing Services in China
- EShallGo subsidiary enters cooperation framework agreement