TEDU - Tarena International receives Nasdaq notice for non-compliance
2023-07-31 02:45:15 ET
Professional education services provider, Tarena International ( NASDAQ: TEDU ) received a Nasdaq notice dated July 28, 2023, indicating that the company no longer meets the continued listing requirement.
The company no longer meets the continued listing requirement of a minimum market value of publicly held shares for Nasdaq.
The company's market value for the last 30 consecutive business days was below the minimum requirement of $15M.
The company is given a grace period of 180 days, or until January 24, 2024, to regain compliance.
For further details see:
Tarena International receives Nasdaq notice for non-compliance