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Lixiang Education Received Notice of Failure to Satisfy Continued Listing Rule

News Press releases

LISHUI, China, May 09, 2024 (GLOBE NEWSWIRE) -- Lixiang Education Holding Co., Ltd. (the “Company” or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that it received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Global Market on May 7, 2024 indicating that the Company was not in compliance with Listing Rule 5450(a)(1)(the “Minimum Bid Price Rule”), which requires the Company to maintain a minimum bid price of US$1.00 per share.

GlobeNewswire Inc. • 09/05/2024 à 11:20:00
Lixiang Education Holding Co., Ltd. American Depositary Shares
Website: https://www.lixiangeh.com
Status: Active
Company Info

Lixiang Education Holding Co Ltd is a private primary and secondary education service provider in Lishui City, Zhejiang Province. Its private education services primarily include primary and middle school education from grade 1 to grade 9. The company also offers high school education services at its High School Divisions.

List Date2020-10-01
MarketStocks
LocalUS
Primary ExchangeXNAS
TypeADRC
Currency NameUSD
CIK0001814067
Composite figiBBG00X7L4LC9
Share Class figiBBG00X7L4M64
Market Cap2,903,348 USD
Total Employees272
Share Class Shares Outstanding66670000
Weighted Shares Outstanding6666700
Round Lot100
Updated date2024-05-19
Stats
Last 5 days
17-05
16-05
15-05
14-05
13-05
Last
0.424
0.429
0.424
0.436
0.489
Variance
-0.93%
1.18%
-3.85%
-10.66%
-2%
Open
0.428
0.424
0.441
0.488
0.499
Highest
0.478
0.454
0.456
0.506
0.501
Lowest
0.478
0.452
0.456
0.506
0.501
History
PeriodVarhighestlowest
1 week
-15.03%
0.501
0.452
1 month
5.47%
0.425
0.409
3 month
-90.87%
4.789
0.38
6 month
-61.45%
1.14
0.38
1 year
-62.01%
1.2978
0.38
3 year
-97.43%
16.5
0.38
5 year
-97.88%
20.1
0.38
10 year
-97.88%
20.1
0.38
Calendar
19 May 2024 (Time UTC) Actual Previous Consensus
★★★
15:30
United States
17 May 2024 (Time UTC) Actual Previous Consensus
15:30
United States
-17800.000
15:30
United States
-60000.000
15:30
United States
53700.000
15:30
United States
-135800.000
★★
15:30
United States
4400.000
15:30
United States
215400.000
15:30
United States
-31400.000
15:30
United States
62600.000
15:30
United States
1300.000
15:30
United States
-9700.000
15:30
United States
199600.000
★★
15:30
United States
15:30
United States
15:30
United States
News Stream
News Press releases
LISHUI, China, May 09, 2024 (GLOBE NEWSWIRE) -- Lixiang Education Holding Co., Ltd. (the “Company” or NASDAQ: LXEH), a prestigious private education service provider in China, today announced that it received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Global Market on May 7, 2024 indicating that the Company was not in compliance with Listing Rule 5450(a)(1)(the “Minimum Bid Price Rule”), which requires the Company to maintain a minimum bid price of US$1.00 per share.
GlobeNewswire Inc. • 1w ago
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