Jiuzi Holdings Receives Nasdaq Warning Over Bid Price Deficiency

Reuters
Nov 13
Jiuzi Holdings Receives Nasdaq Warning Over Bid Price Deficiency

Jiuzi Holdings Inc. has announced that it received a notification letter from the Nasdaq Stock Market indicating the company is not in compliance with the minimum bid price requirement of $1.00 per share for continued listing on the Nasdaq Capital Market. The notice states that Jiuzi Holdings' shares have closed below this threshold for 30 consecutive business days. The company has 180 calendar days, until May 11, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 per share for ten consecutive business days. Jiuzi Holdings stated it is monitoring the situation and considering options to address the deficiency.

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