Yatsen Holding Ltd. (YSG) has released an update.
Yatsen Holding Limited, a prominent beauty company in China, has successfully regained compliance with the New York Stock Exchange’s minimum share price requirement for continued listing. This comes after a previous notification of non-compliance due to its American depositary shares falling below the $1.00 threshold for 30 consecutive trading days. With this turnaround, Yatsen has reaffirmed its standing on the NYSE, avoiding potential delisting issues.
For further insights into YSG stock, check out TipRanks’ Stock Analysis page.
