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Stock impact report

Zhihu Regains Compliance with NYSE ADS Trading Price Requirement

Zhihu Inc. American Depositary Shares, each representing three (3) Class A Ordinary Shares (ZH) 
Company Research Source: PR Newswire
BEIJING, June 5, 2024 /PRNewswire/ -- Zhihu Inc. (NYSE: ZH; HKEX: 2390) ("Zhihu" or the "Company"), a leading online content community in China, today announced that it has received a letter from the New York Stock Exchange ("NYSE") dated June 3, 2024 (the "Compliance Notice"), notifying the Company that it is no longer considered below the NYSE's continued listing criterion of a minimum average share price of US$1.00 over a 30 trading-day period (the "NYSE Trading Price Requirement").As previously announced, the Company received a letter from the NYSE dated December 28, 2023, notifying the Company that it was below compliance standards due to the trading price of its American Depositary Shares. Following the receipt of the Compliance Notice, the Company is no longer considered below the NYSE Trading Price Requirement and has regained compliance regarding this matter.About Zhihu Inc.Zhihu Inc. (NYSE: ZH; HKEX: 2390) is a leading online content community in China where people come to f Show less Read more
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