LISHUI, China, May 9, 2023 /PRNewswire/ -- Lixiang Education Holding Co., Ltd. (the "Company" orNASDAQ: LXEH), a prestigious private education service provider in China, today announced that it received two written notices (the "Notices") from the Listing Qualifications Department of The Nasdaq Global Market on May 3, 2023 indicating that the Company was not in compliance with Listing Rule 5450(a)(1)(the "Minimum Bid Price Rule") and Listing Rule 5450(b)(1)(C)(the "Minimum Market Value of Publicly Held Shares Rule"), which require the Company to maintain a minimum bid price of US$1.00 per share, and maintain a minimum market value of publicly held shares of US$5 million for continued listing on the Nasdaq Global Market, respectively.
Read more at prnewswire.comLixiang Education Received Notices of Failure to Satisfy Continued Listing Rules
PR Newswire - Press Release
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