FangDD (DUO) Receives Nasdaq Non-Compliance Notice, Given 180 Days to Meet $1 Minimum Bid Requirement

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FangDD Network Group (Nasdaq: DUO) has received a notification from Nasdaq on December 24, 2024, indicating non-compliance with the minimum bid price requirement. The company’s Class A ordinary shares closed below US$1 for 30 consecutive business days from November 11 through December 23, 2024.

The company has been granted a 180-day compliance period until June 23, 2025 to regain compliance by maintaining a closing bid price of at least US$1 for a minimum of ten consecutive business days. If unsuccessful, FangDD may be eligible for an additional 180-day compliance period, provided it meets certain Nasdaq Capital Market listing requirements and expresses intention to cure the deficiency.

FangDD Network Group (Nasdaq: DUO) ha ricevuto una notifica da Nasdaq il 24 dicembre 2024, che indica la non conformità con il requisito del prezzo minimo di offerta. Le azioni…

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