RegulatoryJun 8, 2026, 06:01 AM
Lixiang Education Regains Nasdaq Compliance for MVPHS
AI Summary
Lixiang Education Holding Co., Ltd. announced it has regained compliance with Nasdaq's minimum market value of publicly held shares (MVPHS) requirement. The company's MVPHS was US$5,000,000 or greater for at least 10 consecutive business days, from May 21 to June 4, 2026. This resolves the non-compliance notification received on February 9, 2026, which had given the company until August 10, 2026, to regain compliance.
Key Highlights
- Lixiang Education regained compliance with Nasdaq Listing Rule 5450(b)(1)(C).
- Company's minimum market value of publicly held shares (MVPHS) was US$5,000,000 or greater.
- Compliance maintained for 10 consecutive business days from May 21 to June 4, 2026.
- Previously notified of non-compliance on February 9, 2026.
- Original compliance period was 180 calendar days, until August 10, 2026.
- Nasdaq has closed the matter.
Price Impact
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