MingZhu Logistics Regains Compliance with Nasdaq Minimum Bid Price Requirement
MingZhu Logistics Holdings (Nasdaq: YGMZ), a leading logistics and transportation service provider, has successfully regained compliance with Nasdaq's minimum bid price requirement. On July 16, 2024, the company received official notification from Nasdaq confirming that it has cured the bid price deficiency and is now in full compliance with Listing Rule 5550(a)(2).
As a result of this positive development, MingZhu's ordinary shares will continue to trade uninterrupted on the Nasdaq stock exchange under the ticker symbol YGMZ. This announcement marks the closure of the compliance issue, ensuring the company's continued listing on the prestigious exchange.
- Regained compliance with Nasdaq's minimum bid price requirement
- Continued uninterrupted trading on Nasdaq
- None.
About MingZhu Logistics Holdings Limited (Nasdaq: YGMZ)
Established in 2002 and headquartered in
Forward-Looking Statements
The statements in this press release regarding the Company's future expectations, plans and prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding plans, goals, objectives, strategies, future events, expected performance, assumptions and any other statements of fact that have not occurred. Any statements that contain the words "may", "will", "want", "should", "believe", "expect", "anticipate", "estimate", "calculate" or similar statements that are not factual in nature are to be considered forward-looking statements. Actual results may differ materially from historical results or from those expressed in these forward-looking statements as a result of a variety of factors. These factors include, but are not limited to, the Company's strategic objectives, the Company's future plans, market demand and user acceptance of the Company's products or services, technological advances, economic trends, the growth of the trucking services market in
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SOURCE MingZhu Logistics Holdings Limited
FAQ
What compliance issue did MingZhu Logistics (YGMZ) resolve with Nasdaq?
When did MingZhu Logistics (YGMZ) receive confirmation of compliance from Nasdaq?
Will MingZhu Logistics (YGMZ) continue to trade on Nasdaq after regaining compliance?