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Quhuo Regains Compliance with Nasdaq Continued Listing Requirements

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Quhuo (Nasdaq: QH), a leading gig economy platform for local life services in China, has announced that it has regained compliance with Nasdaq's continued listing requirements. The company received notification from Nasdaq confirming its compliance with the minimum market value of publicly held shares requirement under Nasdaq Listing Rule 5450(b)(1)(C) and the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1).

As a result of meeting these criteria, Quhuo is now in full compliance with all Nasdaq continued listing criteria. This development ensures the company's continued presence on the Nasdaq stock exchange, which is important for maintaining investor confidence and market visibility.

Quhuo (Nasdaq: QH), una piattaforma leader nell'economia dei lavoretti per servizi locali in Cina, ha annunciato di aver riacquisito la conformità ai requisiti di quotazione continuativa di Nasdaq. L'azienda ha ricevuto una notifica da Nasdaq che conferma la sua conformità al requisito del valore di mercato minimo delle azioni pubblicamente detenute ai sensi della Regola di Quotazione 5450(b)(1)(C) di Nasdaq e al requisito del prezzo minimo di offerta previsto dalla Regola di Quotazione 5450(a)(1).

In seguito al soddisfacimento di questi criteri, Quhuo è ora in piena conformità con tutti i criteri di quotazione continuativa di Nasdaq. Questo sviluppo garantisce la presenza continua dell'azienda sulla borsa valori di Nasdaq, il che è importante per mantenere la fiducia degli investitori e la visibilità sul mercato.

Quhuo (Nasdaq: QH), una plataforma líder en la economía de trabajos temporales para servicios de vida local en China, ha anunciado que ha recuperado el cumplimiento de los requisitos de cotización continua de Nasdaq. La empresa recibió una notificación de Nasdaq confirmando su cumplimiento con el requisito de valor de mercado mínimo de las acciones en circulación bajo la Regla de Cotización 5450(b)(1)(C) de Nasdaq y el requisito de precio mínimo de oferta según la Regla de Cotización 5450(a)(1).

Como resultado del cumplimiento de estos criterios, Quhuo está ahora en pleno cumplimiento con todos los criterios de cotización continua de Nasdaq. Este desarrollo asegura la presencia continua de la empresa en la bolsa de valores de Nasdaq, lo cual es importante para mantener la confianza de los inversores y la visibilidad en el mercado.

Quhuo (Nasdaq: QH), 중국 내 지역 생활 서비스의 선도적인 긱 경제 플랫폼, 나스닥의 지속적인 상장 요건을 다시 충족했다고 발표했습니다. 이 회사는 나스닥 상장 규칙 5450(b)(1)(C) 에 따라 공개 발행 주식의 최소 시장 가치 요건에 대한 부합 통지를 받았고, 나스닥 상장 규칙 5450(a)(1) 에 따른 최소 입찰가 요건도 충족했습니다.

이 기준을 충족함으로써, Quhuo는 이제 모든 나스닥 지속적인 상장 기준을 완전히 준수하고 있습니다. 이 발전은 회사가 나스닥 증권 거래소에 계속 존재하게 하여 투자자의 신뢰와 시장 가시성을 유지하는 데 중요합니다.

Quhuo (Nasdaq: QH), une plateforme leader de l'économie des petits boulots pour les services de la vie locale en Chine, a annoncé qu'elle a récupéré sa conformité aux exigences de cotation continue de Nasdaq. L'entreprise a reçu une notification de Nasdaq confirmant sa conformité avec le critère de valeur de marché minimal des actions détenues publiquement en vertu de la Règle de Cotation 5450(b)(1)(C) et avec le critère de prix d'offre minimum en vertu de la Règle de Cotation 5450(a)(1).

En satisfaisant à ces critères, Quhuo est maintenant en pleine conformité avec tous les critères de cotation continue de Nasdaq. Ce développement assure la présence continue de l'entreprise sur la bourse Nasdaq, ce qui est important pour maintenir la confiance des investisseurs et la visibilité sur le marché.

Quhuo (Nasdaq: QH), eine führende Plattform für die Gig-Economie in China, hat bekanntgegeben, dass sie die Compliance mit den fortlaufenden Listing-Anforderungen von Nasdaq wiedererlangt hat. Das Unternehmen erhielt eine Benachrichtigung von Nasdaq, die seine Konformität mit dem Mindestmarkwert für öffentlich gehaltene Aktien gemäß Nasdaq Listing Regel 5450(b)(1)(C) und dem Mindestgebotspreis gemäß Nasdaq Listing Regel 5450(a)(1) bestätigt.

Durch die Erfüllung dieser Kriterien ist Quhuo nun vollständig compliant mit allen fortlaufenden Listing-Kriterien von Nasdaq. Diese Entwicklung sichert die fortwährende Präsenz des Unternehmens an der Nasdaq-Börse, was wichtig ist, um das Vertrauen der Anleger und die Sichtbarkeit am Markt zu erhalten.

Positive
  • Quhuo has regained compliance with Nasdaq's continued listing requirements
  • The company meets the minimum market value of publicly held shares requirement
  • Quhuo satisfies the minimum bid price requirement
  • Full compliance with all Nasdaq continued listing criteria ensures continued listing on the exchange
Negative
  • None.

BEIJING, Oct. 17, 2024 /PRNewswire/ -- Quhuo Limited (Nasdaq: QH) ("Quhuo" or the "Company"), a leading gig economy platform focusing on local life services in China, today announced that it received notification from The Nasdaq Stock Market LLC ("Nasdaq") confirming the Company has regained compliance with Nasdaq's minimum market value of publicly held shares requirement under Nasdaq Listing Rule 5450(b)(1)(C) and minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1). The Company is now in compliance with all Nasdaq continued listing criteria.

About Quhuo Limited

Quhuo Limited is a leading gig economy platform focusing on local life services in China. Leveraging Quhuo+, its proprietary technology infrastructure, Quhuo is dedicated to empowering and linking workers and local life service providers and providing end-to-end operation solutions for the life service market. The Company currently provides multiple industry-tailored operational solutions, primarily including on-demand delivery solutions, mobility service solutions, housekeeping and accommodation solutions, and other services, meeting the living needs of hundreds of millions of families in the communities.

With the vision of promoting employment, stabilizing income and empowering entrepreneurship, Quhuo explores multiple scenarios to promote employment of workers, provides, among others, safety and security and vocational training to protect workers, and helps workers plan their career development paths to realize their self-worth.

 

Cision View original content:https://www.prnewswire.com/news-releases/quhuo-regains-compliance-with-nasdaq-continued-listing-requirements-302279044.html

SOURCE Quhuo Limited

FAQ

What Nasdaq listing requirements has Quhuo (QH) regained compliance with?

Quhuo (QH) has regained compliance with Nasdaq's minimum market value of publicly held shares requirement under Rule 5450(b)(1)(C) and minimum bid price requirement under Rule 5450(a)(1).

When did Quhuo (QH) receive notification of compliance from Nasdaq?

Quhuo (QH) received notification from Nasdaq confirming compliance on October 17, 2024.

Is Quhuo (QH) now in full compliance with all Nasdaq listing criteria?

Yes, Quhuo (QH) is now in compliance with all Nasdaq continued listing criteria.

What is Quhuo's (QH) primary business focus?

Quhuo (QH) is a leading gig economy platform focusing on local life services in China.

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