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0 0.0138888888888889 0.0138888888888889 0.0138888888888889 0.0138888888888889 0.0865277777777778 0.0865277777777778 0.0865277777777778
Stock impact report

111, Inc. Announces Receipt of Notification from Nasdaq

111, Inc. - American Depositary Shares (YI) 
Company Research Source: PR Newswire
SHANGHAI, Sept. 27, 2024 /PRNewswire/ -- 111, Inc. ("111" or the "Company") (NASDAQ: YI), a leading tech-enabled healthcare platform company committed to reshaping the value chain of healthcare industry by digitally empowering the upstream and downstream in China, today announced it has received a notification letter dated September 26, 2024 (the "Notice") from the staff of the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), indicating that for the last 30 consecutive business days, the closing bid price of the Company's American depositary shares (the "ADSs") was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rule 5450(a)(1). The Notice has no current effect on the listing or trading of the Company's ADSs on Nasdaq.Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company is provided with a compliance period of 180 calendar days, or until March 24, 2025, to regain compliance under the Nasdaq Listing Rules. I Show less Read more
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