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Meiwu Technology Co., Limited (NASDAQ:WNW) ("Meiwu" or the "Company"), an online and mobile commerce company providing organic and green food products to customers on its online platform and in its stores, enterprise short message service ("SMS") and information technology to serve designated medical insurance institutions in China. The Company today announced on January 9, 2024, it received notice from the NASDAQ Office of General Counsel that the bid price deficiency of Meiwu's ordinary shares has been cured, and Meiwu has regained compliance with NASDAQ Marketplace Rule 5550(a)(2).
As a result, a previously scheduled hearing with the NASDAQ Hearing Panel has been deemed moot and will not be held. Meiwu's ordinary shares will continue to be listed and traded on The Nasdaq Stock Market.
Posted In: WNW