The9 Limited ("The9") (NASDAQ:NCTY), an established Internet company, today announced that it received a notification letter from the Nasdaq Listing Qualifications department of the Nasdaq Stock Market dated April 22, 2024 stating that The9 has regained compliance with the Nasdaq Listing Rule 5550(b) which requires The9 to maintain either a minimum $2.5 million stockholders' equity, or $35 million market value of listed securities, or $500,000 of net income from continuing operations for The Nasdaq Capital Market.
The9 Limited Regains Compliance With The Nasdaq Listing Rule 5550(b) For Minimum Shareholders Equity Maintenance
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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