2023-06-21 17:45:36 ET
- Missfresh Limited ( NASDAQ: MF ) said on Wednesday that it had received a notice from Nasdaq that it was not in compliance with the stock exchange's listing rule on minimum bid price.
- MF's closing bid price for the last 30 consecutive business days has been below the minimum bid price of $1.00.
- The company has 180 calendar days to regain compliance with Nasdaq listing rules.
- Nasdaq notice will have no effect on MF's business operations, the company said in a statement .
For further details see:
Missfresh gets Nasdaq notice on minimum bid price requirement