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Stock impact report

China Liberal Education Holdings Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement [Yahoo! Finance]

China Liberal Education Holdings Limited - Ordinary Shares (CLEU) 
Company Research Source: Yahoo! Finance
company that provides smart campus solutions and other educational services, today announced that the Company received a written notification (the "Notification Letter") from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") on February 2 , 2024, informing the Company that it has regained compliance with the Nasdaq's minimum bid price requirement and the matter is closed. On September 26, 2023 , the Company was notified by Nasdaq of its failure to maintain a minimum bid price of per share for 30 consecutive business days under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A), and was provided 180 calendar days, or until March 25, 2024, to regain compliance. Effective January 19, 2024, the Company effected a share consolidation of fifteen (15) ordinary shares with par value of $0.001 per share each in the Company's issued and unissued share capital into one (1) ordinary share with par value of US$0.015, which was reflected with Nasdaq and in the marketp Show less Read more
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