Jayud Global Logistics Limited announced on May 23, 2025, that it received a notification letter from Nasdaq on May 15, 2025. The notice indicated that the company is not in compliance with Nasdaq's minimum bid price requirement of $1.00 per share, as its ordinary shares traded below this threshold for 30 consecutive business days.
Under Nasdaq Listing Rule 5550(a)(2), listed securities must maintain a minimum bid price of $1.00 per share. The company has a period of 180 calendar days from the date of the notice, until November 11, 2025, to regain compliance.
The receipt of this notice does not immediately affect the company's business operations or the listing of its ordinary shares, which will continue to trade on Nasdaq under the ticker 'JYD'. To regain compliance, the bid price of the company's ordinary shares must close at or above $1.00 per share for a minimum of 10 consecutive business days before the November 11, 2025 deadline.
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