Lixiang Education Risks NASDAQ Delisting

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

Lixiang Education Holding Co., Ltd., a distinguished private educational service provider, has recently been warned by NASDAQ for not meeting the Minimum Bid Price Rule, with its shares falling below the required $1.00 threshold for 30 consecutive business days. The company now has 180 days to recover and maintain a minimum bid price of $1.00 for at least 10 consecutive business days to avoid delisting. This notice is a deficiency alert and does not currently affect the trading of the company’s securities on the Nasdaq Global Market.

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