Missfresh announces receipt of minimum bid price notice from nasdaq

Beijing, june 04, 2022 (globe newswire) -- missfresh limited (nasdaq: mf) (“missfresh” or the “company”), an innovator and leader in china's neighborhood retail industry, today announced that it has received a written notification from the staff of the listing qualifications department of the nasdaq stock market llc (“nasdaq”) dated june 2, 2022, indicating that for the last 30 consecutive business days, the closing bid price of the company's american depositary shares (the “adss”) was below the minimum bid price of us$1.00 per share requirement set forth in nasdaq listing rule 5450(a)(1). the nasdaq notification letter has no current effect on the listing or trading of the company's adss on nasdaq.
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