Meiwu Technology Company regains Nasdaq compliance

Meiwu Technology Company (WNW) announced announced that it received a formal notification from the Nasdaq Stock Market that the company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires the company’s ordinary shares, no par value each to maintain a minimum bid price of $1.00 per share. The Nasdaq staff made this determination of compliance after the closing bid price of the company’s ordinary shares has been at $1.00 per share or greater for the last 10 consecutive business days from December 6 to December 20. Accordingly, the company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and this bid price deficiency matter is now closed.