Pintec Technology regains compliance with Nasdaq minimum bid price requirement

Pintec Technology has received a notification letter from the Listing Qualifications Department of Nasdaq informing the company that it has regained compliance with the minimum bid price requirement. On April 10, 2023, Nasdaq provided confirmation to the company that for the last 10 consecutive business days, from March 24, 2023 to April 6, 2023, the closing bid price of the company’s common stock has been at $1.00 per share or greater. Accordingly, the company has regained compliance with Listing Rule 5450(a)(1) and this matter is now closed.