tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lixiang Education Faces Nasdaq Delisting Risk

Lixiang Education Faces Nasdaq Delisting Risk

Lixiang Education Holding Co (LXEH) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Lixiang Education Holding Co., a leading Chinese education service provider, has been notified by Nasdaq of non-compliance with the Minimum Market Value requirement for continued listing, with a market value below the required US$5 million. The company has 180 days, until February 25, 2025, to remedy the situation and avoid delisting. This notice does not affect current trading of the company’s securities on the Nasdaq Global Market.

For further insights into LXEH stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1