Qmmm holdings limited announces to receive nasdaq minimum bid price deficiency letter

Hong kong , feb. 28, 2025 /prnewswire/ -- qmmm holdings limited (nasdaq: qmmm) (the "company" or "qmmm holdings"), a digital media advertising, virtual avatar & virtual apparel technology service provider in hong kong, today announced that on february 26, 2025, the company received a letter from the listing qualifications staff of the nasdaq stock market ("nasdaq") notifying the company that based on the closing bid price of the company for the period from january 8, 2025 to february 25, 2025, the company no longer meets the continued listing requirement of nasdaq under nasdaq listing rules 5550(a)(2), to maintain a minimum bid price of $1 per share. nasdaq has provided the company with an 180 calendar days compliance period, or until august 25, 2025, in which to regain compliance with nasdaq continued listing requirement.
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