Smart Share Global announced that it received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market, dated May 22, 2024, notifying the company that it has regained compliance with the requirement of minimum bid price of $1.00 per share set forth under Nasdaq Listing Rule 5550(a)(2). Accordingly, the company has regained the Minimum Bid Price Requirement, and the matter is now closed.
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