07:38 AM EDT, 08/29/2024 (MT Newswires) -- So-Young International ( SY ) said Thursday it was notified by Nasdaq that the closing bid price of its American depositary shares for the last 30 consecutive business days was below $1 per share, the minimum bid price requirement.

The company has 180 calendar days, or until Feb. 24, 2025, to regain compliance, So-Young ( SY ) said, adding that if it does not regain compliance by then, Nasdaq may provide an additional 180-day timeframe.

The firm said the Nasdaq notice does not have any impact on its operations and it will take necessary measures to regain compliance.