Mobile-health Network Solutions receives Nasdaq notice of non-compliance

Mobile-health Network Solutions announced that it received a notice dated September 18, 2024, from the Listings Qualifications Department of The Nasdaq Stock Market notifying the company that the minimum bid price per share of its Class A ordinary shares was below $1.00 for a period of 30 consecutive business days and that the company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). The Nasdaq notification letter does not result in the immediate delisting of the company’s Class A Ordinary Shares, and the shares will continue to trade uninterrupted under the symbol “MNDR.”