Fangdd Network Receives Notice of Non-Compliance With Nasdaq Minimum Bid Price Requirement-March 2024-www.financetom.com

Fangdd Network Receives Notice of Non-Compliance With Nasdaq Minimum Bid Price Requirement

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Fangdd Network Receives Notice of Non-Compliance With Nasdaq Minimum Bid Price Requirement

Dec 27, 2024 4:44 AM

07:26 AM EST, 12/27/2024 (MT Newswires) -- Fangdd Network Group ( DUO ) said Friday that it has been notified by Nasdaq that it is not in compliance with the exchange's minimum bid price requirement for continued listing.

Fangdd Network ( DUO ) said it has 180 days, or until June 23, 2025, to regain compliance, and is considering its options to address the deficiency.

Shares of the China-based property technology company were down 0.7% at about $0.72 in premarket trading.

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