TCTM Kids IT Education receives Nasdaq bid price notification
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 08 2025
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Nasdaq Notification: TCTM Kids IT Education received a notification from Nasdaq indicating that its American depositary shares have been below the minimum bid price of $1.00 for 30 consecutive business days, resulting in non-compliance with listing requirements.
Grace Period for Compliance: The company has a 180-day grace period to regain compliance by maintaining a closing bid price of $1.00 or higher for at least ten consecutive business days, with potential for an additional compliance period if necessary.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
