MingZhu Logistics (YGMZ) said Wednesday that it received a notification from the Nasdaq that the company regained compliance with the exchange's closing bid price rule.
The decision was made after MingZhu's shares closed at $1 or greater for 20 consecutive days from April 17 through May 8, according to the company.
Nasdaq Hearings Panel imposed a discretionary panel monitor for one year to address any future potential compliance concerns, MingZhu said.
Shares of the company were up 1.6% in recent after-hours activity.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。