Golden heaven group holdings ltd. announces receipt of nasdaq delisting determination and plans to appeal

Nanping, china, aug. 14, 2024 (globe newswire) -- golden heaven group holdings ltd. ("golden heaven" or the "company") (nasdaq: gdhg), an amusement park operator in china, today announced the company received a staff determination letter (the “letter”), on august 9, 2024, from the listing qualifications department of the nasdaq stock market llc (“nasdaq”) notifying the company that, due to the company's failure to regain compliance with the minimum bid price of $1.00 per share requirement for continued listing on the nasdaq capital market, as set forth in nasdaq listing rule 5550(a)(2) (the "minimum bid requirement"), nasdaq has determined (the “determination”) that the company's securities will be scheduled for delisting from nasdaq unless the company requests an appeal of such determination to a hearings panel (the "panel").
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