Oriental culture holding ltd. granted additional 180 calendar day grace period by nasdaq to regain compliance with minimum bid price rule

Hong kong, china, may 12, 2023 (globe newswire) -- oriental culture holding ltd. (“oriental culture” or the “company”) (nasdaq: ocg), a leading online service provider of collectibles and artworks, today announced that, on may 10, 2023, the company received a written notification from the nasdaq stock market listing qualifications staff (the “staff”) indicating that the company has been granted an additional 180 calendar day period or until november 6, 2023, to regain compliance with the $1.00 minimum closing bid price requirement for continued listing on the nasdaq capital market pursuant to nasdaq listing rule (the “minimum bid price requirement”).
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