Tuniu Faces Nasdaq Delisting Threat If $1 Bid Price Isn't Met by February
Tuniu Faces Nasdaq Delisting Threat If $1 Bid Price Isn't Met by February
Tuniu Corporation (NASDAQ:TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today announced that it has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") dated August 6, 2024, indicating that for the last 31 consecutive business days, the closing bid price for the Company's American depositary shares (the "ADSs") was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rule 5450(a)(1). The Nasdaq notification letter has no current effect on the listing or trading of the Company's securities on the Nasdaq Global Market.
途牛集團（NASDAQ:TOUR）（"途牛"或"公司"），是中國領先的在線休閒旅遊公司，今天宣佈收到納斯達克股票市場有限責任公司（"納斯達克"）上市資格部工作人員於2024年8月6日的書面通知，通知指出，在過去的31個連續營業日內，公司的美國存托股（"ADSs"）的收盤買入價低於納斯達克5350(a)(1) 名單規定的最低買入價格每股 1美元。納斯達克通知書對公司的證券在納斯達克全球市場上的上市或交易沒有當前影響。
Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company is provided with a compliance period of 180 calendar days, or until February 3, 2025, to regain compliance under the Listing Rules. If at any time during the 180-day compliance period, the closing bid price of the Company's ADSs is US$1.00 per share or higher for a minimum of ten consecutive business days, the Nasdaq will provide the Company written confirmation of compliance and the matter will be closed.
根據納斯達克上市規則5810(c)(3)(A)的規定，公司被授予180個日曆日的合規期限，直至2025年2月3日爲止，以符合上市規則要求。如果在180天的合規期限內，公司的ADSs的收盤買入價連續10個營業日爲每股1美元或更高，納斯達克將提供公司合規的書面確認，並解決此事。
In the event the Company does not regain compliance by February 3, 2025, subject to the determination by the staff of Nasdaq, the Company may be eligible for an additional 180-day compliance period.
如果公司在2025年2月3日之前未恢復符合規定，根據納斯達克工作人員的決定，公司可能有資格再獲得180天的合規期限。
譯文內容由第三人軟體翻譯。