Nano Labs Ltd. Sponsored ADR Class A (NA) has released an update.
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Nano Labs Ltd, a prominent fabless integrated circuit design company in China, has successfully regained compliance with Nasdaq’s minimum market value requirement for publicly held shares. This achievement comes after the company’s shares maintained a market value of $15 million or more for over 10 consecutive trading days, rectifying a previous deficiency. Nano Labs continues to innovate in high throughput and high performance computing chip solutions, strengthening its market position.
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