Jianzhi Education Technology Receives Nasdaq Notification of Minimum Stockholders’ Equity Non-Compliance
Jianzhi Education Technology Group Company Limited (JZ)
Company Research
Source: GlobeNewswire
BEIJING, May 28, 2024 (GLOBE NEWSWIRE) -- Jianzhi Education Technology Group Company Limited (the “Company” or “Jianzhi”) (NASDAQ: JZ), a leading provider of digital educational content in China, today announced it has received a letter from the Nasdaq Stock Market LLC (“Nasdaq”) Listing Qualifications Department on May 22, 2024, notifying the Company no longer complies with the Nasdaq Listing Rule 5450(b)(1)(A) that requires companies listed on the Nasdaq Global Select Market to maintain a minimum of $10,000,000 in stockholders’ equity for continued listing, and the Company’s Form 20-F for the year ended December 31, 2023 reported stockholders’ equity of ($2,425,096). In accordance with the Rules, the Company has 45 calendar days, or until July 8, 2024, to submit a plan to regain compliance. If the plan is accepted, Nasdaq can grant an extension of up to 180 calendar days from the date of the letter to evidence compliance. The notification letter has no immediate effect on the Com
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News
- Jianzhi Education Technology Receives Nasdaq Notification of Minimum Stockholders' Equity Non-Compliance [Yahoo! Finance]Yahoo! Finance
- Jianzhi Education Technology Group Full Year 2023 Earnings: CN¥18.50 loss per share (vs CN¥10.08 loss in FY 2022) [Yahoo! Finance]Yahoo! Finance
- Jianzhi Education Technology Group Company Limited Reports Fiscal Year 2023 Financial Results [Yahoo! Finance]Yahoo! Finance
- Jianzhi Education Technology Group Company Limited Reports Fiscal Year 2023 Financial ResultsGlobeNewswire
JZ
Sec Filings
- 5/28/24 - Form 6-K
- 4/9/24 - Form 20-F
- JZ's page on the SEC website