Haoxi Health Technology Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Rule

Core Points - Haoxi Health Technology Limited has regained compliance with Nasdaq Listing Rule 5550(a)(2) after its Class A ordinary shares maintained a minimum bid price of $1.00 for 10 consecutive business days [1][2] - The compliance determination was made following the closing bid price of the Company's Ordinary Shares being at or above $1.00 from January 27, 2025, to February 7, 2025 [2] Company Overview - Haoxi Health Technology Limited is an online marketing solution provider based in Beijing, China, focusing on the healthcare industry [3] - The Company specializes in online short video marketing and offers one-stop online marketing solutions to help advertisers acquire and retain customers on popular Chinese platforms such as Toutiao, Douyin, WeChat, and Sina Weibo [3] - The growth of the Company is driven by the rise of news feed ads and the rapid development of the healthcare sector, with a commitment to reducing costs and increasing efficiency for advertisers [3]