Mingzhu Logistics Faces Nasdaq Delisting, Plans Further Appeal
ByAinvest
Thursday, Dec 11, 2025 9:29 am ET1min read
YGMZ--
Mingzhu Logistics has received a Nasdaq delisting notice due to non-compliance with the "Bid Price" Rule. The company's securities will be delisted and trading suspended on December 12, 2025. Mingzhu plans to appeal the decision to the Nasdaq Listing and Hearing Review Council, which may delay deregistration with the US SEC but won't prevent trading suspension. Trading liquidity may become extremely limited, and shareholders may face difficulties selling their shares.
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