Xchange tec.inc receives nasdaq minimum market value deficiency notice

Shanghai , nov. 15, 2024 /prnewswire/ -- xchange tec.inc (nasdaq: xhg) (the "company"), today announced that it has received a notice (the "notice") from the nasdaq stock market llc ("nasdaq") dated november 13, 2024 stating that the company is not in compliance with the requirement to maintain a minimum market value of listed securities ("mvls") of $35 million as set forth under nasdaq listing rule for continued listing on the nasdaq capital market. nasdaq listing rule 5550(b)(2) requires companies to maintain a minimum mvls of $35 million (the "mvls requirement"), and nasdaq listing rule 5810(c)(3)(c) specifies that a deficiency occurs if the mvls falls below this threshold for 30 consecutive business days.
XHG Ratings Summary
XHG Quant Ranking