HUIZ - Huize gets non-compliance notice from Nasdaq
- Huize ( NASDAQ: HUIZ ) said Friday it received a notice from Nasdaq indicating that it was not in compliance with the minimum bid price rule for continued listing.
- HUIZ has 180 days, or till Apr. 10, to regain compliance.
- If HUIZ does not regain compliance by then, it may be eligible for an additional 180-day compliance period if it meets other continued listing rules.
- In this case, HUIZ should provide written notice of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split.
- HUIZ is at high risk of performing badly, according to SA Quant rating system , as it has decelerating momentum and inferior profitability vs. other financial stocks.
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Huize gets non-compliance notice from Nasdaq