Nasdaq warns CTNT of non-compliance with $1.00 minimum bid price; 180-day cure period until Jan 7, 2025

CHEETAH NET SUPPLY CHAIN SERVICE INC.

Received Nasdaq notice on July 11, 2024; closing bid price below $1.00 for 30 consecutive business days.
Compliance period ends Jan 7, 2025; must close at $1.00+ for 10 consecutive days to regain compliance.
If not cured, may qualify for an additional 180-day extension if other listing criteria are met.
Company may consider a reverse stock split to address the bid price deficiency.
CTNT shares continue trading on Nasdaq Capital Market under symbol CTNT during cure period.

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