Tuniu Corporation Receives Nasdaq Notification for Minimum Bid Price Compliance

Reuters
2025/05/23
Tuniu Corporation Receives Nasdaq Notification for Minimum Bid Price Compliance

Tuniu Corporation, a leading online leisure travel company in China, has announced that it received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. For the past 30 consecutive business days, Tuniu's American depositary shares (ADSs) have closed below the US$1.00 per share threshold, as stipulated by Nasdaq Listing Rule 5450(a)(1). The company has been granted a 180-day period, until November 17, 2025, to regain compliance by ensuring its closing bid price reaches or exceeds US$1.00 per share for at least ten consecutive business days. Tuniu's business operations remain unaffected, and it is taking measures to meet the compliance requirements. If compliance is not achieved by the deadline, an additional 180-day compliance period may be available subject to Nasdaq's determination.

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. Tuniu Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: CN95008) on May 23, 2025, and is solely responsible for the information contained therein.

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