QD - Qudian again receives notice regarding NYSE continued listing standards

September, 23 2022 05:13 AM Qudian Inc. American Depositary Shares each representing one Class A

Qudian ( NYSE: QD ) has received notice that it is below the NYSE's continued listing standards due to the trading price of Qudian's American depositary shares.
The company has six months following receipt of the notice to regain compliance with the minimum share price requirement.
In August 2022, the company regained compliance with NYSE continued listing standard for share prices, for which it was notified in May 2022.
As per Section 802.01C of the NYSE's Listed Company Manual, a company will be considered to be below compliance standards if the average closing price of its security as reported on the consolidated tape is less than US$1.00 over a consecutive 30 trading-day period.
The company is currently trading at $0.94.

For further details see:

Company Name:	Qudian Inc. American Depositary Shares each representing one Class A
Stock Symbol:	QD
Market:	NYSE
Website:	qudian.com