China liberal education holdings limited regains compliance with nasdaq minimum bid price requirement

Beijing , oct. 28, 2022 /prnewswire/ -- china liberal education holdings limited (nasdaq: cleu) ("china liberal," the "company," or "we"), a china-based company that provides smart campus solutions and other educational services, today announced that the company received a written notification (the "notification letter") from the listing qualifications department of the nasdaq stock market llc ("nasdaq") on october 26, 2022,  informing the company that it has regained compliance with the nasdaq's minimum bid price requirement and the matter is closed. on july 15, 2022, the company was notified by nasdaq its failure to maintain a minimum bid price of $1.00 per share for 30 consecutive business days under nasdaq listing rules 5550(a)(2) and 5810(c)(3)(a), and was provided 180 calendar days, or until january 11, 2023 to regain compliance.
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