Group 1 - Meiwu Technology Company Limited has regained compliance with Nasdaq Listing Rule 5550(a)(2) after its ordinary shares maintained a minimum bid price of $1.00 per share for 10 consecutive business days from December 6, 2024, to December 20, 2024 [1][2] - The bid price deficiency matter is now closed, indicating a positive development for the company's stock status on the Nasdaq [2] Group 2 - Meiwu Technology Company Limited is incorporated in the British Virgin Islands and operates in China through its subsidiaries, focusing on an online platform for food product sales, a short message service business, and a functional skin care business [3] - The company is committed to exploring and implementing various strategies to grow its business [3]
Meiwu Technology Company Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Rule