Tuya regains compliance with NYSE

Tuya announced that it has regained compliance with the minimum average closing price criterion required by the New York Stock Exchange for continued listing of the company’s American Depositary Shares, or ADSs. As disclosed on November 3, 2022, the NYSE notified the company on November 2, 2022 that the company was not in compliance with the NYSE continued listing standard requiring a listed security to maintain a minimum average closing price of $1.00 per security over a consecutive 30-trading day period pursuant to Section 802.01C of the NYSE Listed Company Manual.