Premium Auto (UCAR.US): Resumes compliance with NASDAQ minimum bid requirements

Glonghui, April 25 | Premium Auto (UCAR.US) announced that the company received a letter from NASDAQ on April 19, 2024 informing that it had re-complied with the minimum bid requirements under section 5550 (a) (2) (“Rules”) of the “NASDAQ Listing Rules” in order to continue listing on the NASDAQ capital market. Furthermore, in the application of section 5815 (d) (4) (B) of the Listing Rules, the company will be subject to mandatory panel supervision for a period of one year from the date of dispatch of this letter. If during the one-year monitoring period, NASDAQ finds that the company has breached the rules again

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