Q&k receives minimum bid price notice from nasdaq

Shanghai, china, oct. 04, 2021 (globe newswire) --  q&k international group limited (nasdaq: qk) (“q&k” or the “company”), a leading technology-driven long-term apartment rental platform in china, announced that it received a notification letter (“notice”) from the staff of the listing qualifications department of the nasdaq stock market llc (“nasdaq”) dated september 28, 2021, indicating that the company no longer meets the minimum bid price requirement set forth in nasdaq listing rule 5450(a)(1) as the closing bid price of the company's american depositary shares (“adss”) was below us$1.00 per ads for a period of 30 consecutive business days.
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