AIX Corp. receives noncompliance letter from Nasdaq
AIX announced that it has received a written notification from Nasdaq, indicating that for the last 30 consecutive business days, the closing bid price for the company's American depositary shares was below the minimum bid price of $1.00 per share requirement set forth in Nasdaq Listing Rules 5450. The Nasdaq notification letter has no current effect on the listing or trading of the company's securities on the Nasdaq.
