ATIF receives Nasdaq deficiency notice for bid price below $1.00

ATIF Holdings Ltd

Received deficiency letter on May 20, 2024 for failure to meet Nasdaq minimum $1.00 bid price rule 5550(a)(2).
Given 180 calendar days, until November 18, 2024, to regain compliance by closing at $1.00+ for 10 consecutive days.
If not compliant by deadline, may qualify for second 180-day period; otherwise, shares subject to delisting.
Company may consider a reverse stock split to cure deficiency; trading continues normally for now.

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