Antelope enterprise holdings ltd. receives deficiency letter from nasdaq under nasdaq's bid price rule

Jinjiang, china, june 24, 2022 /prnewswire/ -- antelope enterprise holdings limited (nasdaq capital market: aehl) ("antelope enterprise" or the "company"), a leading chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, and which also engages in business management, information system consulting, and online social commerce and live streaming, today announced its receipt of a deficiency letter from the listing qualifications department (the "staff") of the nasdaq stock market ("nasdaq"). the company received the deficiency letter on june 23, 2022, which notified the company that for the last 30 consecutive business days the bid price for the company's common stock had closed below the minimum $1.00 per share requirement for continued inclusion on the nasdaq capital market pursuant to nasdaq listing rule 5550(a)(2) (the "bid price rule").
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