- Beijing-based Uxin ( NASDAQ: UXIN ) said it received a notice from Nasdaq indicating that the company regained compliance with the exchange's $1 per share minimum bid price requirement for continued listing.
- As part of its efforts to regain compliance, the Chinese company changed the ratio of its ADSs representing Class A ordinary shares from 1 ADS representing three 3 ordinary shares to 1 ADS representing 30 ordinary shares, effective on Oct. 28.
- UXIN +3.23% to $2.88 premarket Nov. 14
For further details see:
China's Uxin regains compliance with Nasdaq's listing rule