Fangdd (DUO) Faces Nasdaq Non-Compliance Due to Low Stock Price

Dec 30, 2024

Fangdd Network Group Ltd (DUO, Financial) saw its shares drop by 2.45% to $0.63 in pre-market trading. The company has received a non-compliance notice from Nasdaq for not meeting the minimum bid price requirement. Over a consecutive 30-day trading period from November 11, 2024, to December 23, 2024, the bid price of its Class A ordinary shares remained below $1 per share.

Fangdd has been granted a compliance period of 180 calendar days, until June 23, 2025, to regain compliance with Nasdaq's requirements.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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