So-young regains compliance with nasdaq minimum bid price requirement

Beijing , jan. 5, 2023 /prnewswire/ -- so-young international inc. (nasdaq: sy) ("so-young" or the "company"), the largest and most vibrant social community in china for consumers, professionals and service providers in the medical aesthetics industry, today announced that it has received a written compliance notification from the staff of the listing qualifications department of the nasdaq stock market llc ("nasdaq") dated january 4, 2023, notifying the company that it has regained compliance with the minimum bid price of us$1.00 per share requirement set forth under the nasdaq listing rule 5450(a)(1) (the "minimum bid price requirement"). as previously announced, on july 15, 2022, the company was notified by nasdaq that the company was not in compliance with the minimum bid price requirement, as the closing bid price of the company's american depositary shares ("adss") was below us$1.00 per share for 30 consecutive business days.
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