Tuniu Corporation Receives Nasdaq Notification for Minimum Bid Price Compliance
Reuters
May 23, 2025
Tuniu Corporation Receives Nasdaq Notification for Minimum Bid Price Compliance
Tuniu Corporation, a leading online leisure travel company in China, has announced that it received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. For the past 30 consecutive business days, Tuniu's American depositary shares (ADSs) have closed below the US$1.00 per share threshold, as stipulated by Nasdaq Listing Rule 5450(a)(1). The company has been granted a 180-day period, until November 17, 2025, to regain compliance by ensuring its closing bid price reaches or exceeds US$1.00 per share for at least ten consecutive business days. Tuniu's business operations remain unaffected, and it is taking measures to meet the compliance requirements. If compliance is not achieved by the deadline, an additional 180-day compliance period may be available subject to Nasdaq's determination.
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