TH International Faces Nasdaq Delisting Risk
Company Announcements

TH International Faces Nasdaq Delisting Risk

TH International (THCH) has released an update.

TH International Limited has been notified by Nasdaq that its stock does not meet the $1.00 minimum bid price required for continued listing, and has until January 15, 2025, to regain compliance. The company may undertake corrective actions such as a reverse stock split if necessary and has the possibility of an additional 180-day period to rectify the issue. This notice does not impact the company’s business operations.

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

Related Articles
TipRanks Auto-Generated NewsdeskTH International Marks First EBITDA Profit
TheFlyTH International reports Q2 adjusted EPS (RMB 0.30) vs. (RMB 0. 56) last year
TheFlyTH International receives noncompliance notification from Nasdaq
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