QTT - China's Qutoutiao gets non-compliance notice from Nasdaq

• Qutoutiao ( NASDAQ: QTT ) received a notice from Nasdaq for not being compliance with rule of minimum US$15M in market value of publicly held shares for continued listing on the exchange.
• The Shanghai-based company has 180 calendar days or until March 13, 2023 to regain compliance for continued listing on the Nasdaq Global Select Market.
• Qutoutiao said in a Sept. 15 press release that its management is looking into various options available to regain compliance and may also consider applying to transfer the American depositary shares to the Nasdaq Capital Market.

For further details see: