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Stock impact report

Origin Agritech Regains Compliance with Nasdaq Listing Standards

Origin Agritech Limited (SEED) 
US:NASDAQ Investor Relations: originseed.investorroom.com
Company Research Source: PR Newswire
BEIJING, Feb. 20, 2024 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), a leading Chinese agricultural technology company, today announced that it has regained compliance with Nasdaq's market value of listed securities requirement as set forth in Listing Rule 5550(b)(2). Therefore, the Company is in compliance with the Nasdaq Capital Market's continued listing requirements. Consequently, the scheduled hearing before the Hearings Panel has been cancelled. The Company's securities will continue to be listed and traded on The Nasdaq Stock Market.Dr. Gengchen Han, Chairman and CEO of Origin Agritech, stated, "We are pleased to regain compliance with Nasdaq's listing standards and to move forward as a Nasdaq-listed company. Looking ahead, we remain focused on leveraging our strengths in agricultural technology to capitalize on new opportunities and deliver value to our shareholders. We are committed to delivering on our promises, driving significant sales gr Show less Read more
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