Eweb21 Corp. (WTO) Regains Nasdaq Compliance

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Go back to Eweb21 Corp. (WTO) Regains Nasdaq Compliance

UTime Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Rule

August 13, 2024 4:05 PM EDT

NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- UTime Limited (UTime or the Company) (Nasdaq: WTO), a mobile device manufacturing company committed to providing cost effective products and solutions to consumers globally and helping low-income individuals from established and emerging markets, announced today that it received a formal notification from the Nasdaq Stock Market LLC (Nasdaq) that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires the Companys ordinary shares to maintain a minimum bid price of $1.00 per share.

The Nasdaq staff made this determination of compliance after the closing... More