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Ostin Technology Appoints New Co-CEO and Regains Nasdaq Compliance
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Ostin Technology Appoints New Co-CEO and Regains Nasdaq Compliance

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Invest with Confidence:

Ostin Technology Group Co., Ltd. ( (OST) ) has provided an announcement.

On January 10, 2025, Ostin Technology Group Co., Ltd. appointed Lai Kui Sen as a director and Co-Chief Executive Officer, alongside Tao Ling, who was previously the sole CEO. The company also successfully regained compliance with Nasdaq’s Minimum Bid Price Rule on January 16, 2025, after implementing a 1-for-10 reverse share split on December 31, 2024. This strategic maneuver not only stabilizes the company’s stock trading status but also strengthens its management team, potentially enhancing its market position.

More about Ostin Technology Group Co., Ltd.

Ostin Technology Group Co., Ltd. operates within the display technology industry, focusing on supply chain management and logistics. The company has its primary operations based in Nanjing, China.

YTD Price Performance: 2.60%

Average Trading Volume: 462,826

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $9.03M

See more insights into OST stock on TipRanks’ Stock Analysis page.

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