Yunji (YJ) said Monday it has been notified that it has regained compliance with Nasdaq's minimum bid price requirement for continued listing.
The company's American depositary shares closed at $1 per ADS or higher for 10 consecutive business days from Sept. 13 to Sept. 26.
The regulator notified Yunji last year in October that its minimum bid price requirement was not in compliance and provided the company with 180 calendar days, or until April 2 to regain compliance, the Chinese social e-commerce platform said.
Price: 2.0900, Change: -0.01, Percent Change: -0.48
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