Fangdd Network Group Ltd. (NASDAQ: DUO) has received a written notification from Nasdaq dated July 22, 2026, stating the company is not in compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).

The notification was triggered after the closing bid price of the company's Class A ordinary shares fell below $1 per share for 30 consecutive business days, from June 8 through July 21, 2026.

Under Nasdaq Listing Rule 5810(c)(3)(A), the company has been granted a 180-day compliance period until January 19, 2027, to regain compliance. Compliance can be restored if the closing bid price of the Class A ordinary shares reaches at least $1 for a minimum of 10 consecutive business days during that period.

If the company fails to regain compliance within the initial 180-day window, it may be eligible for an additional 180-day compliance period, provided it meets continued listing requirements for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, excluding the bid price requirement, and submits written notice to Nasdaq of its intention to cure the deficiency.

The notification does not currently affect the listing or trading of FangDD's Class A ordinary shares on Nasdaq. The company stated it is monitoring its closing bid price and considering options to cure the deficiency, according to the press release.