Nano Labs Resolves Nasdaq Minimum Market Value of Publicly Held Shares Deficiency
Nano Labs Ltd - Class A Ordinary Shares (NA)
Company Research
Source: GlobeNewswire
HANGZHOU, China, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading fabless integrated circuit design company and product solution provider in China, announced today that it received a written notice from the Listing Qualifications Staff of Nasdaq on October 10, 2024, notifying the Company that it has regained compliance with the minimum market value of publicly held shares (“MVPHS”) requirement under Nasdaq Listing Rule 5450(b)(2)(C) (the “Rule”). The Company was previously notified by Nasdaq on July 11, 2024 that it was not in compliance with the MVPHS requirement because its ordinary share had failed to maintain a MVPHS of $15,000,000 over the previous 30 consecutive trading days as required by the Nasdaq Global Market under the Rule. In order to regain compliance with the Rule, the Company was required to maintain a minimum MVPHS of $15,000,000 or more for at least 10 consecutive trading days. The staffs of Nasdaq List
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- Chinese Fabless Integrated Circuit Company Nano Labs Stock Skyrockets With New V Series Launch: Details [Yahoo! Finance]Yahoo! Finance
- Nano Labs Launches Second-Generation V Series with 5x Power Efficiency BoostPR Newswire
- Nano Labs Regains Compliance with Nasdaq Minimum Bid Price RequirementGlobeNewswire
- Nano Labs Announces Bitcoin as Its Strategic Reserve AssetGlobeNewswire
- Nano Labs Starts Accepting Payments in BitcoinGlobeNewswire
NA
Sec Filings
- 11/22/24 - Form 6-K
- 11/21/24 - Form 6-K
- 11/20/24 - Form 6-K/A
- NA's page on the SEC website