other material
confidence high
sentiment positive
materiality 0.50
CBAK Energy regains Nasdaq minimum bid price compliance; deficiency closed
CBAK Energy Technology, Inc.
- Received Nasdaq letter on June 15, 2023 confirming compliance with Rule 5550(a)(2).
- Closing bid price was >=$1.00 for 10 consecutive business days (June 1-14, 2023).
- Previously disclosed non-compliance on April 24, 2023; Nasdaq considers matter closed.