Jiuzi Holdings receives written notification from NASDAQ regarding non- compliance with minimum bid price.

Auto Business News-August 2, 2022--Jiuzi Holdings receives written notification from NASDAQ regarding non- compliance with minimum bid price

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Auto Business News - 02 August 2022

Jiuzi Holdings, Inc. (NASDAQ: JZXN), a new energy vehicle (NEV) dealership group under the brand name 'Jiuzi' in China, announced that it has received a written notification from the Nasdaq Stock Market LLC regarding the company's non- compliance with the minimum bid price requirement set forth in Nasdaq Rules for continued listing on the Nasdaq.

The Notification Letter does not affect the firm's listing on the Nasdaq Capital Market at this time, nor does it impact on the company's business operations

The company says...

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