ZK International Group Co., Ltd. announced that it has successfully resolved the bid price deficiency concern raised by Nasdaq. The company received written notification from The Nasdaq Stock Market LLC on February 14, 2025. This notification confirmed that ZK International has regained compliance with Listing Rule 5550(a)(2).
Compliance was achieved as the Company's closing bid price exceeded US$1.00 for 10 consecutive business days. With this resolution, the matter is now officially closed. This ensures ZK International's continued listing on the Nasdaq Capital Market.
The company affirmed its commitment to maintaining high standards of corporate governance and compliance. ZK International expressed appreciation for shareholder support and stated its intention to continue delivering value through its products and services. This development removes a significant regulatory overhang for the company.
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