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Lixiang Education Regains Compliance with Nasdaq Minimum Bid Price Requirement

  • LISHUI, China, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Lixiang Education Holding Co., Ltd. (the “Company” or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that on October 14, 2024, it received a letter from the Listing Qualification Department of Nasdaq Stock Market LLC (the “Nasdaq”) notifying the Company that “for the last 10 consecutive business days, from September 30 to October 11, 2024, the closing bid price of the Company's American Depositary Shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5450(a)(1), and this matter is now closed.”
    10/17/2024

Lixiang Education Announces Plan to Implement ADS Ratio Change

  • LISHUI, China, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Lixiang Education Holding Co., Ltd. (the “Company” or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that it plans to change the ratio of its American depositary shares (“ADSs”) to its ordinary shares (the “ADS Ratio”), par value US$0.0001 per share, from the current ADS Ratio of one (1) ADS to ten (10) ordinary shares to a new ADS Ratio of one (1) ADS to one hundred (100) ordinary shares (the “ADS Ratio Change”). The Company anticipates that the ADS Ratio Change will be effective on or about September 30, 2024 (the “Effective Date”).
    09/13/2024
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Lixiang Education Holding Co., Ltd. (LXEH) can sell. Click on Rating Page for detail.

The price of Lixiang Education Holding Co., Ltd. (LXEH) is 4.9156 and it was updated on 2025-01-17 13:00:46.

Currently Lixiang Education Holding Co., Ltd. (LXEH) is in undervalued.

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News

Lixiang Education Announces Change of Chief Financial Officer

  • LISHUI, China, Sept. 06, 2024 (GLOBE NEWSWIRE) -- Lixiang Education Holding Co., Ltd. (NASDAQ: LXEH) (the “Company”), a prestigious private education service provider in China, today announced that Mr. Luoyuan Ye resigned as the Chief Financial Officer (“CFO”) of the Company with effect from August 31, 2024 and will remain as the consultant to the Company. Mr. Zhifu Yang was appointed as the CFO with effect from September 2, 2024.
    Fri, Sep. 06, 2024

Lixiang Education Received Notice of Failure to Satisfy Continued Listing Rule

  • LISHUI, China, Sept. 04, 2024 (GLOBE NEWSWIRE) --  Lixiang Education Holding Co., Ltd. (the “Company” or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that it received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Global Market on August 29, 2024 indicating that the Company was not in compliance with Listing Rule 5450(b)(1)(C)(the “Minimum Market Value of Publicly Held Shares Rule”), which requires the Company to maintain a minimum market value of publicly held shares of US$5 million for continued listing on the Nasdaq Global Market.
    Wed, Sep. 04, 2024

Lixiang Education Received Notice of Failure to Satisfy Continued Listing Rule

  • LISHUI, China, May 09, 2024 (GLOBE NEWSWIRE) -- Lixiang Education Holding Co., Ltd. (the “Company” or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that it received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Global Market on May 7, 2024 indicating that the Company was not in compliance with Listing Rule 5450(a)(1)(the “Minimum Bid Price Rule”), which requires the Company to maintain a minimum bid price of US$1.00 per share.
    Thu, May. 09, 2024

Lixiang Education Regains Compliance with Nasdaq Minimum Bid Price Requirement

  • LISHUI, China , Jan. 25, 2024 /PRNewswire/ -- Lixiang Education Holding Co., Ltd. (the "Company" or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that on January 24, 2024 it received a letter from the Nasdaq Hearing Panel (the "Panel"), notifying the Company that it has regained compliance with the bid price concern, as required by the Panel's decision dated November 30, 2023.
    Thu, Jan. 25, 2024

Lixiang Education Announces Plan to Implement ADS Ratio Change

  • LISHUI, China , Dec. 15, 2023 /PRNewswire/ -- Lixiang Education Holding Co., Ltd. (the "Company" or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that it plans to change the ratio of its American depositary shares ("ADSs") to its ordinary shares (the "ADS Ratio"), par value US$0.0001 per share, from the current ADS Ratio of one (1) ADS to five (5) ordinary shares to a new ADS Ratio of one (1) ADS to ten (10) ordinary shares (the "ADS Ratio Change").
    Fri, Dec. 15, 2023
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Lixiang Education Receives Nasdaq Extension to Regain $1 Bid Price Compliance

  • LISHUI, China , Dec. 6, 2023 /PRNewswire/ -- Lixiang Education Holding Co., Ltd. (the "Company" or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that on November 30, 2023, it received a letter from the Nasdaq Hearings Panel (the "Panel"), indicating the Panel's decision to grant an exception period until January 31, 2024 (the "Exception Period"), for the Company to effect the reverse stock split and thereafter regain compliance with The Nasdaq Stock Market LLC's (the "Nasdaq") Listing Rule 5450(a)(1) (the "Bid Price Rule"), subject to the terms that (1) on or before November 30, 2023, the Company shall obtain its board of directors' approval for a reverse stock split at a ratio that is sufficient to regain and maintain long term compliance with the Bid Price Rule, and the Company shall provide an update to the Panel on the reverse stock split approval on December 1, 2023; (2) on or before January 5, 2024, the Company shall effect a reverse stock split and, thereafter, maintain a $1 closing bid price for a minimum of ten consecutive business days; and (3) on or before January 31, 2024, the Company shall have demonstrated compliance with the Bid Price Rule, by evidencing a closing bid price of $1 or more per share for a minimum of ten consecutive trading sessions.
  • 12/06/2023

Lixiang Education Announces Receipt of Nasdaq Staff Determination Letter and Intent to Request Hearing

  • LISHUI, China , Nov. 7, 2023 /PRNewswire/ -- Lixiang Education Holding Co., Ltd. (the "Company" or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that it received a letter dated November 2, 2023 from the Staff of the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") notifying the Company that since its listed securities did not have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days during the 180 calendar days ended October 30, 2023, the Company has not regained compliance with Nasdaq Listing Rule 5450(a)(1) (the "Rule"), which requires listed securities to maintain a minimum bid price of US$1.00 per share.
  • 11/07/2023

Lixiang Education Announces Results of Annual General Meeting

  • LISHUI, China, May 28, 2021 /PRNewswire/ -- Lixiang Education Holding Co., Ltd. (NASDAQ: LXEH) ("Lixiang" or the "Company"), a prestigious private primary and secondary education service provider in China, today announced that it held its annual general meeting of shareholders (the "AGM") on May 28, 2021.
  • 05/28/2021

U.S. IPO Weekly Recap: IPO Launches And Filings Abound In The Post-Labor Day Frenzy

  • One IPO and nine SPACs went public this past week. Thirteen IPOs and eleven SPACs submitted initial filings as the IPO market gears up for a busy September.
  • 09/13/2020
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