Lixiang education regains compliance with nasdaq minimum bid price requirement

Lishui, china, oct. 17, 2024 (globe newswire) -- lixiang education holding co., ltd. (the “company” or nasdaq: lxeh), a prestigious private education service provider in china, today announced that on october 14, 2024, it received a letter from the listing qualification department of nasdaq stock market llc (the “nasdaq”) notifying the company that “for the last 10 consecutive business days, from september 30 to october 11, 2024, the closing bid price of the company's american depositary shares has been at $1.00 per share or greater. accordingly, the company has regained compliance with listing rule 5450(a)(1), and this matter is now closed.”
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