Scienjoy Faces Nasdaq Compliance Challenge
Company Announcements

Scienjoy Faces Nasdaq Compliance Challenge

Scienjoy Holding (SJ) has released an update.

Scienjoy Holding Corporation, a leading interactive entertainment company listed on Nasdaq, has been notified of non-compliance with Nasdaq’s minimum bid price requirement, as its shares fell below $1 for 30 consecutive days. The company has until January 28, 2025, to regain compliance, potentially by executing a reverse stock split, and will remain listed during this period. Scienjoy aims to redefine entertainment with AI-powered technology and is focused on developing a metaverse lifestyle.

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

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