Ebang International (EBON) Receives Nasdaq Non-Compliance Letter

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Ebang International Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

June 24, 2022 4:05 PM EDT

HANGZHOU, China, June 24, 2022 (GLOBE NEWSWIRE) -- Ebang International Holdings Inc. (Nasdaq: EBON) (the Company, we or our), a global blockchain technology company, today announced that the Company had received a notification letter (the Notice), dated June 17, 2022, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq) notifying the Company that it is currently not in compliance with the minimum bid price requirement for continued listing on the Nasdaq Global Select Market, as set forth under Nasdaq Listing Rule 5550(a)(2) (the Minimum Bid Price Requirement), because the closing bid price of the Companys Class A... More