ZW Data Action Technologies receives Nasdaq bid price deficiency notice

ZW Data Action Technologies Inc.

Nasdaq notified company on Feb 17, 2022 that common stock failed to meet $1.00 minimum bid for 30 consecutive business days.
Company has 180 calendar days (until Aug 16, 2022) to regain compliance under Rule 5550(a)(2).
To cure, bid price must close at $1.00 or higher for at least ten consecutive business days.
Management is evaluating options to regain compliance but no assurance of success.

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