Jianzhi Education Technology Regains Nasdaq Listing Compliance
Jianzhi Education Technology Group Company Limited, a leading provider of digital educational content in China, has successfully regained compliance with the Nasdaq Listing Rule 5550(a)(2) after receiving a notification from the Nasdaq on July 14, 2025. The company had previously received a warning letter on January 15, 2025, due to its American depositary shares (ADSs) being below the minimum bid price of US$1.00 for 30 consecutive business days. To cure the deficiency, Jianzhi implemented an ADS Ratio Change on June 16, 2025, and subsequently maintained a closing bid price of its ADSs at or greater than US$1.00 per share for 18 consecutive business days.
Key Takeaways:
- Jianzhi Education Technology Group Company Limited has regained compliance with the Nasdaq Listing Rule 5550(a)(2), also known as the Minimum Bid Price Requirement, after implementing an ADS Ratio Change and maintaining a closing bid price of its ADSs above the minimum requirement.
- The company received a notification from the Nasdaq on July 14, 2025, informing it that the matter was closed, and compliance had been regained due to 18 consecutive business days of a closing bid price above the minimum bid price of US$1.00.
- Jianzhi had received a warning letter on January 15, 2025, and was given 180 calendar days to regain compliance with the Minimum Bid Price Requirement.
- The ADS Ratio Change implemented on June 16, 2025, changed the ratio of ADSs from one (1) ADS representing six (6) ordinary shares to one (1) ADS representing sixty (60) ordinary shares.
- Jianzhi is a leading provider of digital educational content in China, committed to developing high-quality educational content and consolidating market resources in the industry.
- The company has established a comprehensive, multi-dimensional digital educational content database offering a wide range of professional development products and is committed to the digitalization and informatization of the education sector in China.
Statistics:
- 180 calendar days were provided to Jianzhi to regain compliance with the Minimum Bid Price Requirement.
- 30 consecutive business days was the period during which the ADSs were below the minimum bid price of US$1.00.
- 18 consecutive business days of closing bid price above the minimum bid price (US$1.00) were necessary for Jianzhi to regain compliance.
- US$1.00 is the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).
- 2011 is the year in which Jianzhi Education Technology Group Company Limited was established.
Sources:
- Jianzhi Education Technology Group Company Limited press release dated July 15, 2025.
- Nasdaq Listing Rule 5550(a)(2).
- Jianzhi Education Technology Group Company Limited's website.