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CARAVELLE INTERNATIONAL GROUP ANNOUNCES RECEIPT OF NASDAQ NOTIFICATION REGARDING MINIMUM BID PRICE DEFICIENCY

PR Newswire - Press Release

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SINGAPORE, June 13, 2023 /PR Newswire/ -- Caravelle International Group (Nasdaq:CACO), a global ocean technology company, today announced that it received a notification letter dated June 7, 2023 (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq"), indicating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2) due to the closing bid price for the Company's ordinary shares being below $1.00 per share for the last 30 consecutive business days.

Read more at prnewswire.com

Related Symbols

Symbol Last Chg %Chg
CACO 0.4401 -0.0173 -3.78%
Caravelle International Group

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