Fangdd Network Group Ltd. announced on June 25, 2025, that it received written notice from Nasdaq confirming it had regained compliance with the minimum closing bid price requirement. This compliance was achieved on June 23, 2025.
This development follows a delinquency notification received on December 24, 2024, which indicated that the company's Class A ordinary shares had traded below US$1.00 for 30 consecutive business days. The company had a 180-day period to rectify this deficiency.
Regaining compliance is a significant positive for FangDD, as it removes the immediate threat of delisting from Nasdaq. This ensures the company's continued presence on a major U.S. stock exchange, which is vital for investor confidence and market liquidity.
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