Quhuo has regained compliance with nasdaq's minimum bid price requirement

Beijing , aug. 31, 2022 /prnewswire/ -- quhuo limited (nasdaq: qh) ("quhuo" or the "company"), a leading tech-enabled workforce operational solution platform in china today announced that it has received a notification letter (the "compliance notice") from the listing qualifications department of the nasdaq stock market inc. ("nasdaq") dated august 29, 2022, informing the company that it has regained compliance with the nasdaq listing rule 5450(a)(1) (the "minimum bid price requirement"). as previously announced, quhuo received a notification letter (the "deficiency notice") from the nasdaq dated march 1, 2022 indicating that the closing bid price for the company's american depositary shares (the "adss") was below the minimum bid price of $1.00 required for continued listing under the nasdaq listing rule 5450(a)(1) for 30 consecutive business days.
QH Ratings Summary
QH Quant Ranking