Jianzhi Education Technology Receives Nasdaq Notification Regarding Minimum Market Value Deficiency
Jianzhi Education Technology Group Company Limited (JZ)
Company Research
Source: GlobeNewswire
BEIJING, July 31, 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 July 26, 2024, notifying the Company is not in compliance with the minimum market value requirement set forth in Nasdaq Listing Rules for continued listing on the Nasdaq Global Select Market. Nasdaq Listing Rule 5450(b)(1)(C) requires companies to maintain a minimum market value of publicly held shares of at least US$5 million, and Listing Rule 5810(c)(3)(D) provides that a failure to meet the market value requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the market value of the Company for the 30 consecutive business days from June 12, 2024 to July 26, 2024, the Company no longer meets the minimum market value require
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JZ
Sec Filings
- 8/30/24 - Form S-8
- 8/23/24 - Form 20-F/A
- 8/12/24 - Form 6-K
- JZ's page on the SEC website