Lixiang Education Received Notice of Failure to Satisfy Continued Listing Rule
Lixiang Education Holding Co., Ltd. - American Depositary Shares (LXEH)
Company Research
Source: GlobeNewswire
LISHUI, China, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Lixiang Education Holding Co., Ltd. (the “Company” or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that it received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Global Market on August 29, 2024 indicating that the Company was not in compliance with Listing Rule 5450(b)(1)(C)(the “Minimum Market Value of Publicly Held Shares Rule”), which requires the Company to maintain a minimum market value of publicly held shares of US$5 million for continued listing on the Nasdaq Global Market. The Minimum Market Value of Publicly Held Shares Rule requires listed securities to maintain a minimum market value of publicly held shares of US$5 million, and Listing Rule 5810(c)(3)(D) provides that a failure to meet this requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on the market value of publicly held sh
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LXEH
News
- Lixiang Education regains Nasdaq compliance [Seeking Alpha]Seeking Alpha
- Lixiang Education Regains Compliance with Nasdaq Minimum Bid Price RequirementGlobeNewswire
- Lixiang Education Announces Plan to Implement ADS Ratio ChangeGlobeNewswire
- Lixiang Education Announces Change of Chief Financial OfficerGlobeNewswire
- Lixiang Education receives non-compliance notice from Nasdaq [Seeking Alpha]Seeking Alpha
LXEH
Sec Filings
- 11/18/24 - Form F-6
- 11/18/24 - Form 6-K
- 11/1/24 - Form 6-K
- LXEH's page on the SEC website