Quhuo Announces Receipt of Nasdaq Notification Letters [Yahoo! Finance]
Quhuo Limited - American Depository Shares (QH)
Company Research
Source: Yahoo! Finance
services in China , today announced that it received notification letters dated May 10, 2024 (the "Notification Letters") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. (the "Nasdaq"), indicating that (1) the Company is not in compliance with the minimum bid price requirement set forth in Rule 5450(a)(1) of the Nasdaq Listing Rules as the closing bid price of the Company's American depositary share ("ADS") has been below US$1.00 per ADS for a period of 30 consecutive trading days (the "Minimum Bid Price Rule"), and (2) the Company's minimum market value of publicly held shares ("MVPHS") was less than for the last 30 consecutive business days prior to the date of the notification letter, which does not meet the requirement for continued listing set forth in Nasdaq Listing Rule 5450(b)(1) (the "MVPHS Rule"). The Notification Letters have no immediate impact on the Company's listing on the Nasdaq Global Market. Pursuant to Rule 5810(c)(3)(A) and 5810(c)(3)(D
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QH
News
- Quhuo's Homestay Sector Announces Strategic Upgrade: Launches New Booking Platform and Six Functional Room TypesPR Newswire
- From Delivery Rider to Model Worker: Quhuo "Empowering Workers" Sets Industry BenchmarkPR Newswire
- Quhuo International Establishes Strategic Partnership in Azerbaijan: Promoting Chinese Electric Vehicle Exports and Enhancing Local Life ServicesPR Newswire
- Quhuo Limited (QH) Q2 2024 Earnings Conference Call Transcript [Seeking Alpha]Seeking Alpha
- Quhuo reports 1H results [Seeking Alpha]Seeking Alpha
QH
Sec Filings
- 9/24/24 - Form EFFECT
- 9/11/24 - Form SC
- 9/6/24 - Form F-3
- QH's page on the SEC website