tiprankstipranks
Company Announcements

So-Young Transfers Listing to Nasdaq Capital Market Amid Compliance Extension

Story Highlights
So-Young Transfers Listing to Nasdaq Capital Market Amid Compliance Extension

The latest update is out from So-Young International ( (SY) ).

So-Young International Inc. announced the transfer of its American depositary shares (ADSs) listing from The Nasdaq Global Market to The Nasdaq Capital Market, effective February 27, 2025. This move follows a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. The transfer grants So-Young an extended compliance period until August 25, 2025, to meet the minimum bid price of US$1.00 per share for 10 consecutive business days. Failure to comply could result in delisting, although the company is actively monitoring its share price and exploring options to address the deficiency.

More about So-Young International

So-Young International Inc. operates in the healthcare industry, focusing on providing a platform for consumers in China to access information and services related to medical aesthetics and healthcare. The company primarily offers online services that connect users with medical professionals and clinics, enhancing the accessibility and transparency of medical aesthetic treatments.

YTD Price Performance: 19.63%

Average Trading Volume: 71,630

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $99.74M

For a thorough assessment of SY stock, go to TipRanks’ Stock Analysis page.

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
1