ICZOOM Group (IZM) Regains Nasdaq Compliance

ICZOOM Group Inc. (Nasdaq: IZM) (the "Company"), a B2B electronic component products e-commerce platform, announced that it has received written notice (the "Compliance Notice") from the Nasdaq Stock Market LLC ("Nasdaq") informing the Company that it has regained compliance with Nasdaq Listing Rules 5620 (the "Annual Shareholder Meeting Requirement").

As previously announced, on July 9, 2024, the Company received written notice from the Nasdaq notifying the Company that it was not in compliance with Nasdaq Listing Rule 5620(a), which requires that Nasdaq-listed companies hold an annual meeting of shareholders within twelve months of their fiscal year end.

According to the Compliance Notice, as the Company held an annual general meeting of shareholders on August 20, 2024, the staff of Nasdaq determined that the Company has regained compliance with the Annual Shareholder Meeting Requirement, and the matter is closed accordingly.

You May Also Be Interested In

• Humana soars, Alignment Healthcare sinks on Medicare rating changes
• Alignment Healthcare earns 4-star ratings on six of seven Medicare plans
• Amentum opens nuclear headquarters in Oak Ridge, Tennessee