Jayud Faces Nasdaq Non-Compliance Notice

Jayud Global Logistics Limited Class A (JYD) has released an update.

Jayud Global Logistics Limited, a prominent Shenzhen-based supply chain solutions provider, has been notified by Nasdaq of non-compliance with the stockholders’ equity requirement for continued listing on the Nasdaq Capital Market. The company plans to submit a compliance plan by June 17, 2024, to address the deficiency and may receive up to 180 days to regain compliance. Despite the notice, Jayud’s shares will remain listed and traded on the Nasdaq Capital Market in the interim.

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