Huize regains compliance with Nasdaq listing requirements

Huize (HUIZ) Holding “announced that it has received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market Inc. dated December 30, 2024, informing the Company that it has regained compliance with Nasdaq Listing Rule 5450(a)(1). As previously disclosed, the Company was notified by Nasdaq on September 10, 2024 that the Company was not in compliance with the Minimum Bid Price Requirement, as the closing bid price of the Company’s American depositary shares was below US$1.00 per share for 30 consecutive business days. On December 30, 2024, Nasdaq confirmed in the Compliance Notice that the closing bid price of the Company’s ADSs has been at $1.00 per share or greater for 10 consecutive business days, from December 9, 2024, to December 27, 2024. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1), and the matter is closed.”