Yunji Reveals Receipt Of Nasdaq Notice Regarding Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
Yunji Inc. (YJ) has received a notice from Nasdaq regarding its non-compliance with the minimum bid price requirement. The company has been given a grace period of 180 days to regain compliance.

October 09, 2023 | 11:02 am
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Yunji Inc. has received a notice from Nasdaq for not meeting the minimum bid price requirement. The company has 180 days to regain compliance.
Receiving a notice from Nasdaq for non-compliance with the minimum bid price requirement is a negative signal for the company. It indicates that the company's stock price has been trading below the required minimum, which could lead to delisting if not corrected within the grace period. This could negatively impact the company's stock price in the short term.
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