Top KingWin (WAI) regains Nasdaq compliance
Top KingWin Ltd (“Top KingWin” or the “Company”) (Nasdaq: WAI) announced today that it received a formal notification from the Nasdaq Stock Market LLC (“Nasdaq”) on May 19, 2025, that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires the Company’s class A ordinary shares, par value of US$0.0025 each (the “Ordinary Shares”) to maintain a minimum bid price of $1.00 per share.
The Nasdaq staff made this determination of compliance after the closing bid price of the Company’s Ordinary Shares has been at $1.00 per share or greater for the last 10 consecutive business days from May 5 to May 16, 2025. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and this bid price deficiency matter is now closed.
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