FLJ Group, also known as XChange TEC.INC, has successfully regained compliance with the Nasdaq's minimum bid price requirement, according to two letters received from Nasdaq on August 12 and 14, 2024. The company was previously notified on April 3, 2024, that it did not meet the Nasdaq Listing Rule 5450(a)(1) due to its shares trading below the $1 minimum bid price. However, after a compliance period granted by Nasdaq, FLJ Group's American Depositary Shares (ADSs) maintained a closing bid price of at least $1.00 for 28 consecutive business days from July 5 to August 13, 2024. This achievement allowed the company to avoid delisting and continue trading on the Nasdaq Global Market. FLJ Group operates in the insurance agency and insurance technology sectors in the PRC, offering a range of products and developing SaaS platforms to connect consumers with underwriting support. The company made the announcement of regaining compliance through a press release on August 15, 2024.

FLJ Group, also known as XChange TEC.INC, has successfully regained compliance with the Nasdaq's minimum bid price requirement, according to two letters received from Nasdaq on August 12 and 14, 2024. The company was previously notified on April 3, 2024, that it did not meet the Nasdaq Listing Rule 5450(a)(1) due to its shares trading below the $1 minimum bid price. However, after a compliance period granted by Nasdaq, FLJ Group's American Depositary Shares (ADSs) maintained a closing bid price of at least $1.00 for 28 consecutive business days from July 5 to August 13, 2024. This achievement allowed the company to avoid delisting and continue trading on the Nasdaq Global Market. FLJ Group operates in the insurance agency and insurance technology sectors in the PRC, offering a range of products and developing SaaS platforms to connect consumers with underwriting support. The company made the announcement of regaining compliance through a press release on August 15, 2024.