Lixiang Education receives non-compliance notice from Nasdaq [Seeking Alpha]
Lixiang Education Holding Co., Ltd. - American Depositary Shares (LXEH)
Company Research
Source: Seeking Alpha
that the company was not in compliance with listing rule which requires it to maintain a minimum market value of publicly held shares. The minimum market value rule requires listed securities to maintain a minimum market value of publicly held shares of $5M for continued listing on the Nasdaq Global Market. Based on the market value of publicly held shares of the company from July 15 to August 28, the company no longer meets the minimum value requirement. Lixiang Education ( LXEH ) has been provided 180 calendar days, or until February 25, 2025, to regain compliance. If the company does not regain compliance by February 25, it will receive written notification that its securities are subject to delisting. Recommended For You More Trending News Recommended For You More Trending News About LXEH Stock Related Stocks Trending Analysis Trending News
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LXEH
Sec Filings
- 9/27/24 - Form 6-K
- 9/13/24 - Form F-6
- 9/13/24 - Form 6-K
- LXEH's page on the SEC website