Baijiayun Group Ltd Announces Receipt of Nasdaq Notice
Baijiayun Group Ltd - Class Ordinary Shares (RTC)
Company Research
Source: PR Newswire
BEIJING, March 18, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (Nasdaq: RTC), a one-stop AI video solution provider, today announced that it received a notification letter dated March 14, 2024 (the "Notification Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC (the "Nasdaq"), indicating that the Company is not in compliance with the minimum bid price requirement set forth in Rule 5450(a)(1) of the Nasdaq Listing Rules as the closing bid price of the Company's Class A ordinary share (the "Share") has been below US$1.00 per Share for a period of 30 consecutive trading days.The Notification Letter has no immediate impact on the Company's listing on the Nasdaq Global Market. Pursuant to Rule 5810(c)(3)(A) of the Nasdaq Listing Rules, the Company has a compliance period of 180 calendar days, or until September 10, 2024 (the "Compliance Period"), to regain compliance with Nasdaq's minimum bid price requirement. If at any time dur
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Sec Filings
- 4/29/24 - Form 6-K
- 4/12/24 - Form S-8
- 4/2/24 - Form SC
- RTC's page on the SEC website