Jianzhi Education Technology Group Company Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
Jianzhi Education Technology Group (NASDAQ: JZ), a digital educational content provider in China, has received a notification from Nasdaq on January 15, 2025, regarding non-compliance with the minimum bid price requirement. The company's American depositary shares (ADSs) have traded below the required US$1.00 per share for 30 consecutive business days.
Nasdaq has granted Jianzhi a 180-day compliance period until July 14, 2025, to meet the minimum bid price requirement. The company can regain compliance if its ADSs close at US$1.00 or higher for at least ten consecutive business days during this period. If unsuccessful, Jianzhi may be eligible for an additional 180-day compliance period. The notification does not currently affect the company's listing or trading on The Nasdaq Capital Market, and Jianzhi has committed to taking reasonable measures to regain compliance.
Jianzhi Education Technology Group (NASDAQ: JZ), un fornitore di contenuti educativi digitali in Cina, ha ricevuto una notifica da Nasdaq il 15 gennaio 2025, riguardo alla non conformità con il requisito del prezzo minimo di offerta. Le azioni di deposito americane (ADS) della società sono state scambiate a un valore inferiore a US$1.00 per azione per 30 giorni lavorativi consecutivi.
Nasdaq ha concesso a Jianzhi un periodo di conformità di 180 giorni fino al 14 luglio 2025, per soddisfare il requisito del prezzo minimo di offerta. L'azienda può ripristinare la conformità se le sue ADS chiudono a US$1.00 o più per almeno dieci giorni lavorativi consecutivi durante questo periodo. In caso di insuccesso, Jianzhi potrebbe essere idonea a un ulteriore periodo di conformità di 180 giorni. La notifica attualmente non influisce sulla quotazione o sul trading della società sul Nasdaq Capital Market, e Jianzhi si è impegnata a prendere misure ragionevoli per ripristinare la conformità.
Jianzhi Education Technology Group (NASDAQ: JZ), un proveedor de contenido educativo digital en China, ha recibido una notificación de Nasdaq el 15 de enero de 2025, sobre el incumplimiento del requisito de precio mínimo de oferta. Las acciones de depósito americano (ADS) de la compañía se han negociado por debajo del requisito de US$1.00 por acción durante 30 días hábiles consecutivos.
Nasdaq ha otorgado a Jianzhi un período de cumplimiento de 180 días hasta el 14 de julio de 2025, para cumplir con el requisito de precio mínimo de oferta. La compañía puede recuperar el cumplimiento si sus ADS cierran a US$1.00 o más durante al menos diez días hábiles consecutivos durante este período. Si no tiene éxito, Jianzhi podría ser elegible para un período de cumplimiento adicional de 180 días. La notificación actualmente no afecta la cotización ni el comercio de la compañía en El Nasdaq Capital Market, y Jianzhi se ha comprometido a tomar medidas razonables para recuperar el cumplimiento.
Jianzhi Education Technology Group (NASDAQ: JZ), 중국의 디지털 교육 콘텐츠 제공업체,는 2025년 1월 15일 Nasdaq으로부터 최저 입찰가 요건 미준수에 대한 통지를 받았습니다. 회사의 미국 예탁주식(ADS)은 연속 30 거래일 동안 요구되는 US$1.00 이하로 거래되었습니다.
Nasdaq은 Jianzhi에게 2025년 7월 14일까지 180일의 준수 기간을 부여하여 최저 입찰가 요건을 충족할 수 있도록 하였습니다. 회사는 이 기간 동안 ADS가 US$1.00 이상으로 10거래일 이상 연속 마감하면 준수를 회복할 수 있습니다. 만약 그렇지 않을 경우, Jianzhi는 추가 180일의 준수 기간을 받을 수 있습니다. 이 통지는 현재 회사의 Nasdaq Capital Market 상장 또는 거래에 영향을 미치지 않으며, Jianzhi는 준수를 회복하기 위해 합리적인 조치를 취할 것을 다짐했습니다.
Jianzhi Education Technology Group (NASDAQ: JZ), un fournisseur de contenus éducatifs numériques en Chine, a reçu une notification de Nasdaq le 15 janvier 2025, concernant la non-conformité au critère de prix d'offre minimum. Les actions de dépôt américaines (ADS) de l'entreprise se sont échangées en dessous du prix requis de 1,00 US$ par action pendant 30 jours ouvrables consécutifs.
Nasdaq a accordé à Jianzhi une période de conformité de 180 jours jusqu'au 14 juillet 2025, pour répondre aux exigences de prix d'offre minimum. L'entreprise peut retrouver sa conformité si ses ADS se clôturent à 1,00 US$ ou plus pendant au moins dix jours ouvrables consécutifs au cours de cette période. Si elle échoue, Jianzhi pourrait être éligible pour une période de conformité supplémentaire de 180 jours. La notification n'affecte actuellement ni la cotation ni le commerce de l'entreprise sur le Nasdaq Capital Market, et Jianzhi s'est engagé à prendre des mesures raisonnables pour retrouver la conformité.
Jianzhi Education Technology Group (NASDAQ: JZ), ein Anbieter von digitalen Bildungsinhalten in China, hat am 15. Januar 2025 eine Mitteilung von Nasdaq erhalten, die einen Verstoß gegen die Mindestangebotspreisanforderung betrifft. Die amerikanischen Depotausgaben (ADS) des Unternehmens wurden 30 aufeinanderfolgende Geschäftstage unter dem erforderlichen Preis von US$1,00 pro Aktie gehandelt.
Nasdaq hat Jianzhi eine 180-tägige Frist bis zum 14. Juli 2025 gewährt, um die Mindestangebotspreisanforderung zu erfüllen. Das Unternehmen kann die Compliance wiedererlangen, wenn die ADS für mindestens zehn aufeinanderfolgende Geschäftstage während dieses Zeitraums bei mindestens US$1,00 schließen. Sollten sie dies nicht schaffen, könnte Jianzhi für eine zusätzliche Frist von 180 Tagen berechtigt sein. Die Mitteilung hat derzeit keinen Einfluss auf die Börsennotierung oder den Handel des Unternehmens am Nasdaq Capital Market, und Jianzhi hat sich verpflichtet, angemessene Maßnahmen zu ergreifen, um die Compliance wiederherzustellen.
- Eligible for additional 180-day compliance period if initial deadline is not met
- Current trading status on Nasdaq remains unaffected
- Stock trading below minimum $1.00 requirement for 30 consecutive business days
- Risk of potential delisting if compliance is not achieved by July 14, 2025
Insights
The Nasdaq notification regarding minimum bid price deficiency is a serious warning signal for Jianzhi Education. With a market cap of just
The 180-day compliance window provides some breathing room, but the company's small market cap suggests institutional investor interest. To regain compliance, JZ needs to maintain a
Chinese education technology companies have faced particular challenges due to regulatory pressures and market sentiment. The delisting risk could trigger forced selling by institutional investors with minimum price requirements in their mandates, potentially creating additional downward pressure on the stock.
This Nasdaq compliance issue presents material risks to JZ's listing status. The notification triggers specific regulatory requirements under Rule 5550(a)(2) of Nasdaq's listing standards. The company has two critical pathways: achieving natural price appreciation through improved business performance or implementing corporate actions like a reverse stock split. The latter, while providing temporary compliance, often signals underlying business challenges to the market.
The dual compliance period structure (initial 180 days plus potential 180-day extension) is standard Nasdaq procedure, but the second period typically requires meeting additional criteria, including compliance with other listing requirements and demonstrating a viable plan to achieve and sustain compliance. Companies in similar situations historically show approximately
BEIJING, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Jianzhi Education Technology Group Company Limited (the “Company” or “Jianzhi”) (NASDAQ: JZ), a leading provider of digital educational content in China, today announced that the Company has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated January 15, 2025, indicating that for the last 30 consecutive business days, the closing bid price for the Company’s American depositary shares (the “ADSs”) was below the minimum bid price of US
Pursuant to the Nasdaq Listing Rules, the Company is provided with a compliance period of 180 calendar days, or until July 14, 2025, to regain compliance under the Listing Rules. If at any time during the 180-day compliance period, the closing bid price of the Company’s ADSs is US
In the event the Company does not regain compliance by July 14, 2025, subject to the determination by the staff of Nasdaq, the Company may be eligible for an additional 180-day compliance period.
The Nasdaq notification letter will have no effect on the Company’s business operations, and the Company will take all reasonable measures to regain compliance.
About Jianzhi Education Technology Group Company Limited
Headquartered in Beijing and established in 2011, Jianzhi is a leading provider of digital educational content in China and has been committed to developing educational content to fulfill the massive demand for high-quality, professional development training resources in China. Jianzhi started operations by providing educational content products and IT services to higher education institutions. Jianzhi also provides products to individual customers. Leveraging its strong capabilities in developing proprietary professional development training content and success in consolidating educational content resources within the industry, Jianzhi has successfully built up a comprehensive, multi-dimensional digital educational content database which offers a wide range of professional development products. Jianzhi embeds proprietary digital education content into the self-developed online learning platforms, which are provided to a wide range of customers through its omni-channel sales system. Jianzhi is also fully committed to the digitalization and informatization of the education sector in China. For more information, please visit: www.jianzhi-jiaoyu.com.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
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FAQ
What is the deadline for JZ to regain Nasdaq compliance?
What minimum stock price does JZ need to maintain for Nasdaq compliance?
What happens if JZ fails to meet the July 14, 2025 compliance deadline?
How long has JZ stock been trading below the Nasdaq minimum requirement?