FLJ Group Limited, an insurance agency and technology company, has been denied continued listing on The Nasdaq Global Market after failing to meet Nasdaq's asset and revenue requirements. The company initially received a notice on February 20, 2024, indicating non-compliance with the $50 million total assets and revenue standard. FLJ Group submitted a compliance plan on April 5, 2024, but Nasdaq rejected the plan on April 25, 2024, stating the company did not provide a definitive plan for near-term compliance. FLJ Group has appealed the decision and a hearing with a Nasdaq Hearings Panel is scheduled for June 13, 2024. The appeal has stayed the suspension of trading and delisting of the company's securities pending the Panel's decision. The company's future listing status remains uncertain as it prepares for the hearing.

FLJ Group Limited, an insurance agency and technology company, has been denied continued listing on The Nasdaq Global Market after failing to meet Nasdaq's asset and revenue requirements. The company initially received a notice on February 20, 2024, indicating non-compliance with the $50 million total assets and revenue standard. FLJ Group submitted a compliance plan on April 5, 2024, but Nasdaq rejected the plan on April 25, 2024, stating the company did not provide a definitive plan for near-term compliance. FLJ Group has appealed the decision and a hearing with a Nasdaq Hearings Panel is scheduled for June 13, 2024. The appeal has stayed the suspension of trading and delisting of the company's securities pending the Panel's decision. The company's future listing status remains uncertain as it prepares for the hearing.