Haoxin Holdings Receives Nasdaq Non-Compliance Notice
Haoxin Holdings announced that it received a notification letter from Nasdaq notifying the company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550. The notification was issued because the closing bid price of the company's Class A ordinary shares was below $1.00 per share for 31 consecutive business days, from October 30 to December 12. This press release is issued pursuant to Nasdaq Listing Rule 5810, which requires prompt disclosure of receipt of a deficiency notification.
