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Big Tree Cloud Regains Nasdaq Listing Compliance; Shares Rise 6.5%
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Big Tree Cloud Regains Nasdaq Listing Compliance; Shares Rise 6.5%
Oct 3, 2024 1:22 AM

09:28 AM EDT, 09/25/2024 (MT Newswires) -- Big Tree Cloud Holdings ( DSY ) said Wednesday that it has regained compliance with Nasdaq Global Market's minimum market value requirement.

The China-based personal care products company said its shares will continue to be listed on the exchange.

On Aug.5, Big Tree Cloud ( DSY ) said it was notified by Nasdaq that it was not in compliance with the market value requirement of at least $15 million over the previous 30 consecutive trading days. To regain compliance, the company was required to maintain a minimum market value of $15 million for at least 10 consecutive trading days, which it met Sept. 20.

Shares of Big Tree were up 3.4%.

Price: 3.9600, Change: +0.13, Percent Change: +3.39

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