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

Beijing , july 7, 2023 /prnewswire/ -- china liberal education holdings limited (nasdaq: cleu) ("china liberal," the "company," or "we"), a china-based company that operates two colleges and 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 july 7, 2023,  informing the company that it has regained compliance with the nasdaq's minimum bid price requirement and the matter is closed. on february 15, 2023, the company was notified by nasdaq of 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 august 14, 2023, to regain compliance.
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