Autozi Internet (AZI) Regains Nasdaq Compliance

April 14, 2025 8:02 AM EDT

Autozi Internet Technology (Global) Ltd. (Nasdaq: AZI) ("Autozi" or the "Company"), an automotive products and services company in China, today announced that the Company had received a notification letter ("Compliance Notice") from the Nasdaq Stock Market LLC ("Nasdaq"), dated April 9, 2025, indicating that the Company has regained compliance with the minimum market value of listed securities ("MVLS") of $50,000,000 set forth in the Nasdaq Listing Rule 5450(b)(2)(A) (the "Rule").

As previously announced, the Company was notified by Nasdaq on March 25, 2025 that the Company was not in compliance with the minimum market value of listed securities ("MVLS") of $50,000,000 for a period of 30 consecutive business days. To regain compliance with the Rule, the Company's MVLS was required to maintain at $50,000,000 or more for a minimum of ten consecutive business days.

On April 9, 2025, Nasdaq confirmed in the Compliance Notice that for the last ten consecutive business days, from March 25 through April 8, 2025, the Company's MVLS has been $50,000,000 or greater. Accordingly, the Company has regained compliance with the Rule, and the matter is now closed.



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