Kaixin Auto announced the receipt of a notification letter dated September 28, 2023 from the Listing Qualifications department of the Nasdaq Stock Market, notifying Kaixin that, the Nasdaq Staff has determined that for the last 10 consecutive business days, from September 15 through September 28, 2023, the closing bid price of the Company’s ordinary shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2).
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on KXIN:
- Kaixin Auto Holdings Announces Receipt of Nasdaq Letter Regarding Regaining Compliance with Minimum Bid Price Requirement
- Kaixin Auto announces identified strengths of WM Motor
- Six Strengths of WM Motor that Attracted Kaixin Auto Holdings to the Proposed Acquisition
- Kaixin Auto Holdings Announces Share Consolidation
- Kaixin Auto announces 1-for-15 share consolidation
