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Jianzhi Education Technology Group Company Limited ADR ( (JZ) ) just unveiled an update.
Jianzhi Education Technology Group Company Limited has received a notification from Nasdaq, dated January 15, 2025, indicating that for the past 30 consecutive business days, the company’s American depositary shares (ADSs) have closed below the minimum bid price of US$1.00 per share as per Nasdaq Listing Rules. The notification does not currently impact the listing or trading of Jianzhi’s ADSs on Nasdaq. The company has been given a 180-day compliance period, until July 14, 2025, to rectify this deficiency. Failure to comply by this date might result in a possible extension of an additional 180 days or potential delisting. Jianzhi is committed to taking measures to regain compliance, although it cannot guarantee success.
More about Jianzhi Education Technology Group Company Limited ADR
Jianzhi Education Technology Group Company Limited, headquartered in Beijing and established in 2011, is a prominent provider of digital educational content in China. The company focuses on developing educational content to meet the high demand for professional development training resources. Jianzhi offers educational content products and IT services to higher education institutions as well as individual customers, utilizing its omni-channel sales system and proprietary online learning platforms.
YTD Price Performance: -16.13%
Average Trading Volume: 13,066
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $15.76M
For detailed information about JZ stock, go to TipRanks’ Stock Analysis page.
