Zhongchao Inc (ZCMD) has released an update.
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Zhongchao Inc., a company listed on the Nasdaq Stock Market, has successfully regained compliance with the exchange’s Minimum Bid Price Requirement. The company’s Class A ordinary shares maintained a closing bid price of at least $1.00 for 11 consecutive business days, satisfying Nasdaq’s conditions ahead of the June deadline. With this achievement, the company has resolved the previous non-compliance issue reported in December 2023.
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