Neo-Concept (NCI) International announces that it has successfully regained compliance with Nasdaq Listing Rule 5550(a)(2) as of July 1, 2025 – well ahead of the final deadline. This milestone follows a notification from Nasdaq dated July 8, 2024, stating that the Company’s Class A Ordinary Shares had failed to maintain the minimum required bid price of $1.00 per share over a consecutive 30-business-day period, as stipulated by Nasdaq Listing Rule 5550(a)(2). In response, the Company applied for and was granted extension by Nasdaq to regain compliance by July 7, 2025. On July 1, 2025, the Company received official notification from Nasdaq that it had met the minimum bid price requirement and had regained compliance with Listing Rule 5550(a)(2). The matter is now considered closed.
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