FangDD Received Nasdaq Notification Regarding Minimum Bid Price Requirement
Fangdd Network Group Ltd. - Class A Ordinary Shares (DUO)
Last fangdd network group ltd. - class a ordinary shares earnings: 3/31 05:00 am
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Source: GlobeNewswire
SHENZHEN, China, Dec. 27, 2024 (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (Nasdaq: DUO) (“FangDD” or the “Company”) today announced that it has received a written notification from The Nasdaq Stock Market LLC (“Nasdaq”) dated December 24, 2024, indicating that the Company is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2) (the “Rule”) as the bid price of the Company’s Class A ordinary shares had closed below US$1 per share for the last 30 consecutive business days from November 11 through December 23, 2024. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a compliance period of 180 calendar days until June 23, 2025 to regain compliance. The Company will regain compliance if, at any time during this 180-day period, the closing bid price of the Company’s Class A ordinary shares is at least US$1 for a minimum of ten consecutive business days. In the event the Company does not regain com
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News
- FangDD Received Nasdaq Notification Regarding Minimum Bid Price Requirement [Yahoo! Finance]Yahoo! Finance
- Fangdd Announces Pricing of US$7.0 Million Registered Direct OfferingGlobeNewswire
- Fangdd Announces Pricing of US$5 Million Registered Direct OfferingGlobeNewswire
- Fangdd Network regains compliance with Nasdaq minimum bid price rule [Seeking Alpha]Seeking Alpha
- FangDD Regains Compliance with Nasdaq Minimum Bid Price RequirementGlobeNewswire
DUO
Sec Filings
- 12/27/24 - Form 6-K
- 12/16/24 - Form SCHEDULE
- 12/16/24 - Form SC
- DUO's page on the SEC website