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0 0.0282816740465647 0.0282816740465647 0.0284245107841737 0.0284245107841737 -0.0791315526353378 -0.14326524782174 -0.100414226539066
Stock impact report

ReTo Eco-Solutions Receives NASDAQ Notification Regarding Minimum Bid Requirements

ReTo Eco-Solutions, Inc. - Common Shares (RETO) 
Company Research Source: PR Newswire
BEIJING, Sept. 8, 2020 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (the "Company," "we" or "ReTo") (NASDAQ: RETO), a full spectrum provider of products and services, ranging from the production of environmentally-friendly construction materials and manufacturing equipment used to produce construction materials, to project consulting, design and installation, today announced that on September 4, 2020, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's ordinary shares was below $1.00 per share for a period of 30 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notification has no immediate effect on the listing of the Company's ordinary Show less Read more
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