Nisun receives nasdaq notification regarding minimum bid requirements

Shanghai , may 27, 2022 /prnewswire/ -- nisun international enterprise development group co., ltd ("nisun" or the "company") (nasdaq: nisn), a provider of innovative comprehensive solutions through an integration of technology, industry and finance, today announced that on may 25, 2022, it received a letter from the nasdaq stock market llc ("nasdaq"), notifying the company that it is currently not in compliance with the minimum bid price requirement set forth under nasdaq listing rule 5550(a)(2). it resulted from the fact that the closing bid price of the company's class a common shares was below $1.00 per share for a period of 30 consecutive business days.
NISN Ratings Summary
NISN Quant Ranking