Cheche Group receives Nasdaq notification over non-compliance [Yahoo! Finance]
Cheche Group Inc. (CCG)
Company Research
Source: Yahoo! Finance
The company's closing bid price per Class A ordinary share has been under $1.00 for 30 consecutive business days, triggering a notice from Nasdaq's Listing Qualifications Department. The notification, dated 15 November 2024, does not imply an immediate delisting of Cheche Group's securities. Instead, the company has been granted 180 days, ending on 14 May 2025, to meet the minimum bid price requirement. Compliance can be achieved if the share price reaches at least $1.00 for ten consecutive business days within this timeframe. If Cheche Group fails to comply by 14 May 2025, it may be granted another 180 days to meet the requirement, provided it fulfils other listing standards and notifies Nasdaq of its plans to address the bid price issue. The company has affirmed its commitment to monitoring its share price and is exploring options to regain compliance with Nasdaq's Listing Rules. It has clarified that its business operations, SEC reporting obligations, and contractual c
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CCG
News
- Cheche Group Announces Receipt of Notification Letter from Nasdaq [Yahoo! Finance]Yahoo! Finance
- Cheche Group Announces Receipt of Notification Letter from NasdaqPR Newswire
- Cheche Group Schedules Third Quarter 2024 Earnings Release and Conference Call Date [Yahoo! Finance]Yahoo! Finance
- Cheche Group Schedules Third Quarter 2024 Earnings Release and Conference Call DatePR Newswire
- Cheche Group Announces Strategic Partnership with The Tokio Marine & Nichido Fire Insurance Company (China) LimitedPR Newswire
CCG
Sec Filings
- 11/21/24 - Form 6-K
- 11/12/24 - Form SC
- 10/1/24 - Form 6-K
- CCG's page on the SEC website