36Kr Holdings Granted Extended Nasdaq Compliance Period

36Kr Holdings Inc Adr Class A (KRKR) has released an update.

36Kr Holdings Inc., a major platform serving China’s New Economy, has received an additional 180 days from Nasdaq to meet the minimum bid price requirement for continued listing, with a new deadline of October 28, 2024. The company, which recently transferred its listing to the Nasdaq Capital Market, must now maintain a closing bid price of at least $1.00 per ADS for 10 consecutive business days to regain compliance. 36Kr is considering all options, including a potential reverse stock split, to address this requirement and maintain its listing status.

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