Lixiang Education Regains Compliance with Nasdaq Minimum Bid Price Requirement
Lixiang Education Holding Co., Ltd. - American Depositary Shares (LXEH)
Company Research
Source: GlobeNewswire
LISHUI, China, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Lixiang Education Holding Co., Ltd. (the “Company” or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that on October 14, 2024, it received a letter from the Listing Qualification Department of Nasdaq Stock Market LLC (the “Nasdaq”) notifying the Company that “for the last 10 consecutive business days, from September 30 to October 11, 2024, the closing bid price of the Company’s American Depositary Shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5450(a)(1), and this matter is now closed.” On May 7, 2024, the Company was notified by Nasdaq of its failure to maintain a minimum bid price of $1.00 per share for more than 30 consecutive trading days under Nasdaq Listing Rule 5450(a)(1), and was given a compliance period of 180 calendar days, or until November 4, 2024 to regain compliance. Effective September 30, 2024, the Company e
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LXEH
Sec Filings
- 12/19/24 - Form 424B3
- 12/12/24 - Form EFFECT
- 11/29/24 - Form F-1
- LXEH's page on the SEC website