ReTo Eco-Solutions received a notification letter from Nasdaq confirming the company has regained compliance with Nasdaq’s minimum bid price requirement under Nasdaq Listing Rule and this matter is now closed. In addition, Nasdaq has determined to grant the company an extension to regain compliance with the minimum stockholders’ equity criteria, provided that the Company files by May 15, 2024 its Form 20-F for the fiscal year ended December 31, 2023, demonstrating its compliance with such minimum stockholders’ equity criteria.
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