Yatsen regains compliance with nyse minimum price continued listing criterion

Guangzhou, china , april 11, 2024 /prnewswire/ -- yatsen holding limited ("yatsen" or the "company") (nyse: ysg), a leading china-based beauty group, today announced that it has received a letter from the new york stock exchange ("nyse") dated april 10, 2024 (the "april letter"), notifying the company that it has regained compliance with the nyse's continued listing criterion of a minimum share price as set forth in section 802.01c of the nyse listed company manual (the "nyse minimum price continued listing criterion"). as previously announced, the company received a letter from the nyse dated november 2, 2023, notifying the company that it was below compliance standards due to the average closing price of the company's american depositary shares being less than $1.00 for a consecutive 30 trading-day period.
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