Utime receives nasdaq notification regarding minimum bid price deficiency

New york, march 30, 2023 (globe newswire) -- utime limited (“utime” or the “company”) (nasdaq: utme), a mobile device manufacturing company committed to providing cost effective products and solutions to consumers globally and helping low-income individuals from established and emerging markets, have better access to updated mobile technology, today announced that the company received a written notification (the “notification letter”) from the nasdaq stock market llc (“nasdaq”) on march 24, 2023, notifying the company that it is not in compliance with the minimum bid price requirement set forth in nasdaq rules for continued listing on the nasdaq.
UTME Ratings Summary
UTME Quant Ranking