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").
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).