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Baijiayun Group Ltd Announces Receipt Of Nasdaq Notice, Indicating That The Company Is Not In Compliance With The Minimum Bid Price Requirement Set Forth In Rule 5450(a)(1)

Author: Happy Mohamed | March 18, 2024 08:18am

 Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ:RTC), a one-stop AI video solution provider, today announced that it received a notification letter dated March 14, 2024 (the "Notification Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC (the "Nasdaq"), indicating that the Company is not in compliance with the minimum bid price requirement set forth in Rule 5450(a)(1) of the Nasdaq Listing Rules as the closing bid price of the Company's Class A ordinary share (the "Share") has been below US$1.00 per Share for a period of 30 consecutive trading days.

Posted In: RTC


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