Fangdd Network (DUO) Regains Nasdaq Compliance

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FangDD Regains Compliance with Nasdaq Minimum Bid Price Requirement

October 11, 2024 8:00 AM EDT

SHENZHEN, China, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (FangDD or the Company) (Nasdaq: DUO) today announced that the Company received a notification letter (the Compliance Notice) from the Nasdaq Stock Market LLC (Nasdaq), dated October 10, 2024, indicating that the Company regained compliance with the minimum bid price requirement set forth under the Nasdaq Listing Rule 5550(a)(2) (the Minimum Bid Price Requirement).

As previously announced, the Company was notified by Nasdaq on December 13, 2023 that the Company was not in compliance with the Minimum Bid Price Requirement as the bid price of the Companys American... More