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Tuniu Regains Nasdaq Compliance After Meeting Minimum Bid Price Requirement

Tuniu Regains Nasdaq Compliance After Meeting Minimum Bid Price Requirement

途牛满足最低买盘价格要求后恢复纳斯达克合规性
Benzinga ·  10/17 16:02

Tuniu Corporation (Nasdaq: TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today announced that it has received a notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stock Market Inc. ("Nasdaq") dated October 16, 2024, informing the Company that it has regained compliance with the Nasdaq Listing Rule 5450(a)(1) (the "Minimum Bid Price Requirement").

途牛公司(纳斯达克:TOUR)(“途牛”或“公司”)是中国领先的在线休闲旅行公司,今天宣布已收到纳斯达克证券交易所(“纳斯达克”)上市资格部门于2024年10月16日出具的通知函(“合规通知”),通知公司已符合纳斯达克上市规则5450(a)(1)(“最低买盘价格要求”)。

As previously announced, Tuniu received a notification letter (the "Deficiency Notice") from the Nasdaq dated August 6, 2024, indicating that the closing bid price for the Company's American depositary shares (the "ADSs") was, for the past 31 consecutive business days, below the minimum bid price of $1.00 required for continued listing under the Nasdaq Listing Rule 5450(a)(1). According to the Deficiency Notice, if at any time during the 180-day compliance period, the closing bid price of the Company's ADSs is at least $1.00 for a minimum of ten consecutive business days, the Nasdaq will provide the Company written confirmation of compliance and the matter will be closed. According to the Compliance Notice, the closing bid price of the Company's ADSs has been at $1.00 per ADS or greater for over 10 consecutive business days, and the Company has regained compliance with the Minimum Bid Price Requirement and the matter is closed.

如先前公告,途牛于2024年8月6日收到纳斯达克出具的通知函(“不足通知”),指出公司的美国存托股票(“ADSs”)收盘买入价在过去31个连续的业务日内低于纳斯达克规则5450(a)(1)要求的最低买盘价1.00美元。根据不足通知,若在180天的合规期间内,公司的ADSs收盘买入价连续至少10个业务日至少为1.00美元,纳斯达克将向公司提供合规书面确认,事务将结案。根据合规通知,公司的ADSs收盘买入价已连续超过10个业务日达到1.00美元或更高,公司已符合最低买盘价格要求,事务已结案。

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