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Lixiang Education Regains Compliance with Nasdaq Requirement on Minimum Market Value of Publicly Held Shares
Newsfilterยท 2025-02-28 10:00
Core Points - Lixiang Education Holding Co., Ltd. has regained compliance with Nasdaq's minimum market value of publicly held shares (MVPHS) requirement [1][2] - The company was previously notified on August 29, 2024, about its failure to maintain a MVPHS of $5,000,000 over 30 consecutive business days [2] - Nasdaq confirmed that Lixiang's MVPHS has been $5,000,000 or greater for the last 16 consecutive business days from February 4 to February 25, 2025 [2] Company Overview - Lixiang Education Holding Co., Ltd. is a private education service provider based in Lishui City, China, focusing on the healthy development of students [3] - The company's educational philosophy aims to establish a solid foundation for students' lifelong advancement and happiness [3]