TCTM Kids IT Education (VSA) said Wednesday it has received a notification from Nasdaq informing the company that it has regained compliance with the stock exchange's minimum bid price of $1 per share requirement.
Nasdaq determined that for the last 19 consecutive business days, the closing bid price of the company's ADSs has been at $1 per share or above, TCTM said.
The company's shares were falling nearly 8% in recent after-hours activity.