Baijiayun Group Ltd Announces Receipt Of Nasdaq Notice, Indicating That The Company Is Not In Compliance With The Minimum Bid Price Requirement Set Forth In Rule 5450(a)(1)
Baijiayun Group Ltd Announces Receipt Of Nasdaq Notice, Indicating That The Company Is Not In Compliance With The Minimum Bid Price Requirement Set Forth In Rule 5450(a)(1)
Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, today announced that it received a notification letter dated March 14, 2024 (the "Notification Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC (the "Nasdaq"), indicating that the Company is not in compliance with the minimum bid price requirement set forth in Rule 5450(a)(1) of the Nasdaq Listing Rules as the closing bid price of the Company's Class A ordinary share (the "Share") has been below US$1.00 per Share for a period of 30 consecutive trading days.
一站式人工智能视频解决方案提供商百佳云集团有限公司（“百佳云” 或 “公司”）（纳斯达克股票代码：RTC）今天宣布，它收到了纳斯达克股票市场有限责任公司（“纳斯达克”）上市资格部门于2024年3月14日发出的通知信（“通知信”），表明该公司未遵守第5450（a）（1）条中规定的最低投标价要求）的《纳斯达克上市规则》，因为公司A类普通股（“股票”）的收盘出价在一段时间内一直低于每股1.00美元连续30个交易日。