Webus International Receives Nasdaq Warning Over Minimum Bid Price Compliance
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Webus International Ltd. has received a Nasdaq notice for not meeting the minimum bid price of $1.00 per share, as per Nasdaq Listing Rule 5550(a)(2). The company has 180 days, until June 29, 2026, to comply by achieving a closing bid price of at least $1.00 for ten consecutive business days. This notice does not affect the trading or listing of the company's shares, and Webus is exploring options to address the issue.
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