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Big Tree Cloud Holdings , a Chinese company focused on personal care products and consumer goods, has received a notification from Nasdaq regarding non-compliance with the minimum market value of publicly held shares (MVPHS) requirement. The company's MVPHS has fallen below the required $15 million threshold for 33 consecutive business days.
Big Tree Cloud has until February 1, 2025, to regain compliance by maintaining an MVPHS above $15 million for at least 10 consecutive business days. If unsuccessful, the company may face delisting from the Nasdaq Global Market. Management is exploring options to address the issue and maintain listing status. The notification does not affect the company's current listing or business operations.
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