Ucommune Receives Nasdaq Notification for Share Price Below $1
Ucommune International announced that the company has received written notification from Nasdaq, indicating that for the last 34 consecutive business days, the closing bid price for the company's Class A ordinary shares was below the minimum bid price of $1.00 per share requirement set forth in Nasdaq Listing Rules. The Nasdaq notification letter has no current effect on the listing or trading of the company's Class A ordinary shares on Nasdaq.