Autozi Internet Technology Receives Nasdaq Notice for Minimum Bid Price Non-Compliance

Reuters
2025/07/07
<a href="https://laohu8.com/S/AZI">Autozi Internet</a> Technology Receives Nasdaq Notice for Minimum Bid Price Non-Compliance

Autozi Internet Technology (Global) Ltd. (Nasdaq: AZI), an automotive products and services company in China, has announced that it received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. As of July 2, 2025, Autozi's American depositary shares have closed below the US$1.00 per share minimum for 30 consecutive business days. This notice does not impact the current listing or trading of Autozi's shares. The company has been given a 180-day grace period, ending on December 29, 2025, to regain compliance. If the closing bid price reaches or exceeds US$1.00 for ten consecutive business days during this period, Nasdaq will confirm compliance. Should Autozi fail to meet this requirement by the deadline, the company may qualify for an additional 180-day period, provided it meets other listing criteria. Autozi plans to take reasonable measures to rectify the situation, potentially including a reverse stock split if necessary.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Autozi Internet Technology (Global) Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-017908), on July 07, 2025, and is solely responsible for the information contained therein.

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