Caravelle international group granted extension by nasdaq to regain compliance with filing requirements

Singapore , july 21, 2023 /prnewswire/ -- caravelle international group (nasdaq: caco), a global ocean technology company, today announced that it has received a letter from the nasdaq stock market llc ("nasdaq"), granting the company an extension to regain compliance with nasdaq's filing requirements set forth in listing rule 5250(c)(1). as previously reported, the company received a deficiency notice from nasdaq on may 10, 2023, due to the delay in filing its annual report on form 20-f for the fiscal year ended october 31, 2022.
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