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0.0124333925399644 0.0124333925399644 0.00651272942569562 -0.0378922439313202 -0.0213143872113676 -0.0325636471284784 -0.0142095914742452 -0.0716400236826525
Stock impact report

Mingzhu Logistic Limited Receives Nasdaq Delisting Notice Subject to Hearing Request

MingZhu Logistics Holdings Limited - Ordinary Shares (YGMZ) 
Company Research Source: GlobeNewswire
SHENZHEN, China, Oct. 23, 2025 (GLOBE NEWSWIRE) -- MingZhu Logistics Holdings Limited (“MingZhu” or the “Company”) (Nasdaq: YGMZ), an elite provider of logistics and transportation services to businesses, today announced that on October 20, 2025, it received a letter from the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the Nasdaq staff has determined to delist the Company’s ordinary shares from The Nasdaq Capital Market (the “Delisting Determination”), because the bid price of the Company’s listed securities has closed at less than $1 per share over the previous 30 consecutive business days, and therefore it no longer complies with the Nasdaq Listing Rule 5550(a)(2) (the “Rule”). Normally, a company would be afforded a 180-calendar day period to demonstrate compliance with the Rule. However, as disclosed on May 21, 2025, the Nasdaq Listing Qualifications Panel has imposed on the Company a Discretionary Panel Monitor under Listing Rule 5815(d)(4)(A) for a period of Show less Read more
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