tiprankstipranks
Lixiang Education Faces Nasdaq Delisting Risk
Company Announcements

Lixiang Education Faces Nasdaq Delisting Risk

Lixiang Education Holding Co (LXEH) has released an update.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

Lixiang Education Holding Co., a leading Chinese education service provider, has been notified by Nasdaq of non-compliance with the Minimum Market Value requirement for continued listing, with a market value below the required US$5 million. The company has 180 days, until February 25, 2025, to remedy the situation and avoid delisting. This notice does not affect current trading of the company’s securities on the Nasdaq Global Market.

For further insights into LXEH stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App