XChange TEC.INC receives Nasdaq bid price deficiency notice
Compliance Notice from Nasdaq: XChange TEC.INC has received a notice from Nasdaq stating it is not in compliance with the minimum bid price requirement of $1 per share, as it has failed to meet this standard for 30 consecutive business days.
Request for Hearing: The company plans to request a hearing to contest the suspension of its American Depositary Shares (ADSs), which will temporarily halt any delisting actions until the Panel makes a decision.
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