EBANG INTERNATIONAL HOLDINGS INC. As previously disclosed, on June 17, 2022, the Registrant received a letter from The Nasdaq Stock Market LLC. ("Nasdaq") notifying the Registrant that the Registrant did not meet the minimum bid price requirement for continued listing on the Nasdaq Global Select Market, as set forth under Nasdaq Listing Rule 5450(a)(1) (the "Minimum Bid Price Requirement"), because the closing bid price of the Company's Class A ordinary shares was below US$1.00 for a period of 30 consecutive business days.
The Registrant was provided 180 calendar days, or until December 14, 2022, to regain compliance with the Minimum Bid Price Requirement.
On December 7, 2022, Nasdaq notified the Registrant that it has fully regained compliance with the Minimum Bid Price Requirement, and that this matter is now closed.
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EBANG International Holdings Inc. published this content on 08 December 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 December 2022 11:12:14 UTC.
