Top Financial Receives Nasdaq Notice for Price Below $1
Top Financial announced that it received a notice from the staff of the Nasdaq stating that for the last 30 consecutive business days, the closing bid price of the company's Class A ordinary shares, par value $0.001 per share was below the minimum bid price of $1.00 per share requirement set forth in Nasdaq Listing Rule 5550. The Nasdaq notification letter has no current effect on the listing or trading of the company's Class A ordinary shares on Nasdaq.