Addentax Group Corp. Regains Compliance with Nasdaq's Minimum Bid Price Requirement

Core Points - Addentax Group Corp. has regained compliance with Nasdaq Listing Rule 5450(a)(1) [1][2] - The company was previously notified on April 24, 2024, that its common stock had failed to maintain a minimum bid price of $1.00 for 30 consecutive business days [2] - From February 7 to February 21, 2025, the closing bid price of the company's common stock was at or above $1.00 per share, leading to the closure of this compliance matter [2] Company Overview - Addentax Group Corp. is an integrated service provider specializing in garment manufacturing, logistics services, and property management and subleasing [3]