Jiuzi holdings received nasdaq notification letter regarding bid price deficiency

Hangzhou, china, nov. 17, 2023 (globe newswire) -- jiuzi holdings inc. (nasdaq: jzxn; the "company" or “jzxn”), an emerging new energy vehicle (nev) dealership group operating under the brand name "jiuzi" in china, announced today that on november 8, 2023, the company received a notification letter from the nasdaq listing qualifications staff of the nasdaq stock market llc (“nasdaq”) notifying the company that the minimum bid price per share for its class a ordinary shares has been below $1.00 for a period of 30 consecutive business days and the company therefore no longer meets the minimum bid price requirements set forth in nasdaq listing rule 5550(a)(2).
JZXN Ratings Summary
JZXN Quant Ranking