Oriental Culture Holding LTD. Regains Compliance With Nasdaq's Minimum Bid Price Rule
Oriental Culture Holding LTD. Regains Compliance With Nasdaq's Minimum Bid Price Rule
Oriental Culture Holding LTD. ("Oriental Culture" or the "Company") (NASDAQ:OCG), a leading online service provider of collectibles and artworks, today announced that it has regained compliance with the minimum bid price requirement under the continued listing requirements of the Nasdaq Stock Market LLC ("Nasdaq").
东方文化控股有限公司领先的收藏品和艺术品在线服务提供商（“东方文化” 或 “公司”）（纳斯达克股票代码：OCG）今天宣布，它已恢复遵守纳斯达克股票市场有限责任公司（“纳斯达克”）持续上市要求下的最低出价要求。
On November 1, 2023, the Company received a written notification from Nasdaq's Listing Qualifications Department stating that the closing bid price of the Company's common stock has been $1.00 per share or greater for 10 consecutive trading days, from October 18, 2023 to October 31, 2023. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2).
2023年11月1日，公司收到纳斯达克上市资格部门的书面通知，称从2023年10月18日至2023年10月31日，公司普通股的收盘价连续10个交易日为每股1.00美元或以上。因此，该公司已恢复遵守纳斯达克上市规则5550 (a) (2)。