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-0.0137931034482759 -0.0317241379310344 0.00862068965517242 0.0344827586206897 0.033793103448276 -0.0344827586206897 -0.0179310344827586 -0.0182758620689654
Stock impact report

Antelope Enterprise Holdings Limited Receives Deficiency Letter from NASDAQ Regarding Minimum Bid Price Deficiency [Yahoo! Finance]

Antelope Enterprise Holdings Limited - Class A Ordinary Shares (AEHL) 
Company Research Source: Yahoo! Finance
the “Company”), a provider of electricity through natural gas power generation, and the majority interest owner of KylinCloud, a livestreaming e-commerce business in China, announced today that on November 1, 2024, it received a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”). The deficiency letter advised that for the last 30 consecutive business days the bid price for the Company's Class A ordinary shares had closed below the minimum $1.00 per share requirement for continued inclusion on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). The deficiency letter does not result in the immediate delisting of the Company's Class A ordinary shares from the Nasdaq Capital Market. In accordance with Nasdaq Listing Rule 5810(c)(3)(A) (the “Compliance Period Rule”), the Company has been provided an initial period of 180 calendar days, or until January 22, 2024 (the “Compliance Date”), Show less Read more
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