Hepsiburada (HEPS) Receives Nasdaq Non-Compliance Notice
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Hepsiburada Receives Nasdaq Notification Regarding Minimum Bid Price Requirement
March 24, 2023 4:30 PM EDTISTANBUL, Turkey, March 24, 2023 (GLOBE NEWSWIRE) -- D-MARKET Electronic Services & Trading (d/b/a Hepsiburada) (NASDAQ: HEPS), a leading Turkish e-commerce platform (referred to herein as Hepsiburada or the Company), announces that on March 22, 2023 it received a written notice (the Notice) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (Nasdaq) indicating that the bid price for the Company's American depositary shares (ADSs), each representing one Class B ordinary share of the Company, had closed below the minimum bid price requirement (Minimum... More
