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

Nanjing, china , oct. 17, 2024 /prnewswire/ -- tuniu corporation (nasdaq: tour) ("tuniu" or the "company"), a leading online leisure travel company 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 october 16, 2024, informing the company that it has regained compliance with the nasdaq listing rule 5450(a)(1) (the "minimum bid price requirement"). as previously announced, tuniu received a notification letter (the "deficiency notice") from the nasdaq dated august 6, 2024, indicating that the closing bid price for the company's american depositary shares (the "adss") was, for the past 31 consecutive business days, below the minimum bid price of $1.00 required for continued listing under the nasdaq listing rule 5450(a)(1).
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