Viomi technology co., ltd regains compliance with nasdaq's minimum bid price requirement

Guangzhou, china , aug. 17, 2024 /prnewswire/ -- viomi technology co., ltd ("viomi" or the "company") (nasdaq: viot), a leading technology company for home water solutions in china, today announced that it has received a written notification letter (the "compliance notice") from the listing qualifications department of the nasdaq stock market ("nasdaq") dated august 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, on march 26, 2024, viomi received a notification letter from nasdaq indicating 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 (the "adss") was below us$1.00 per ads for 30 consecutive business days.
VIOT Ratings Summary
VIOT Quant Ranking