Jayud Global Logistics (JYD) Regains Nasdaq Compliance

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Jayud Global Logistics Regains Compliance with Nasdaq’s Minimum Bid Price Requirement

November 27, 2024 12:38 PM EST

SHENZHEN, China, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Jayud Global Logistics Limited (NASDAQ: JYD) ("Jayud" or the "Company"), a leading end-to-end supply chain solution provider based in Shenzhen specializing in cross-border logistics, today announced that it has received notice from the Nasdaq Listing Qualifications staff ("Nasdaq") informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the "Rule"). 

To regain compliance with the Rule, the Company's common stock was required to maintain a minimum closing bid price of $1.00 or more for at least... More