Fangdd Network Gets Nasdaq Notification for Non Compliance With Minimum Bid Price Rule

MT Newswires Live

07/24

Fangdd Network (DUO) said Friday it received a notification from Nasdaq that it is not in compliance with the exchange's minimum bid price rule as its shares have closed below $1 per share for the last 30 consecutive business days.

Fangdd said it has been given a period of 180 calendar days, until Jan. 19, 2027, to regain compliance.

The company said it is considering options to regain compliance.

Fangdd Network shares were 5.3% lower at about $0.58 in Friday trading.

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