other
confidence high
sentiment positive
materiality 0.45
Addentax regains Nasdaq minimum bid price compliance after deficiency notice
ADDENTAX GROUP CORP.
- Received Nasdaq notice on July 17, 2023 that bid price closed at $1.00+ for 10 consecutive business days (June 30–July 14).
- Previously notified June 15, 2023 of non-compliance with Rule 5550(a)(2); given until December 12, 2023 to cure.
- Regained compliance and the matter is now closed; no further action required.
- Addentax continues trading on Nasdaq under ticker ATXG.