Fangdd Network (DUO) said Friday it received a notification from Nasdaq that it is not in compliance with the exchange's minimum bid price rule as its shares have closed below $1 per share for the last 30 consecutive business days.
Fangdd said it has been given a period of 180 calendar days, until Jan. 19, 2027, to regain compliance.
The company said it is considering options to regain compliance.
Fangdd Network shares were 5.3% lower at about $0.58 in Friday trading.
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