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STAR FASHION CULTURE HOLDINGS LIMITED has received a letter from Nasdaq stating that its closing bid price has fallen below the minimum requirement of $1 per share. The company has been given a 180-day compliance period to regain compliance, with the option to extend for an additional 180 days if it meets market value requirements. If the company fails to comply, it may be delisted from Nasdaq, according to a
.Star Fashion Culture Holdings Limited (NASDAQ: STFS), a content marketing solutions provider, has received a letter from Nasdaq notifying it of a compliance deficiency. The company's closing bid price fell below the minimum requirement of $1 per share, as per Nasdaq Listing Rule 5550(a)(2). Nasdaq has granted the company an initial 180-day compliance period to regain compliance, with a potential for an additional 180 days if it meets market value and other listing standards, excluding the bid price requirement.Daily stocks & crypto headlines, free to your inbox
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