JIADE LIMITED Faces Nasdaq Compliance Challenge

JIADE LIMITED (JDZG) has released an update.

JIADE LIMITED, an education service provider listed on Nasdaq, has been notified of non-compliance with the exchange’s minimum bid price rule, but remains listed while it seeks to rectify the bid price shortfall within a 180-day grace period. The company’s business operations continue unaffected and strategies like a potential reverse share split are being considered to meet Nasdaq’s requirements.

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