Top Financial (TOP) announced that it received a notice from the staff of the Nasdaq stating that for the last 30 consecutive business days, the closing bid price of the company’s Class A ordinary shares, par value $0.001 per share was below the minimum bid price of $1.00 per share requirement set forth in Nasdaq Listing Rule 5550. The Nasdaq notification letter has no current effect on the listing or trading of the company’s Class A ordinary shares on Nasdaq.
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