Autozi Internet Technology (AZI) said Friday it has received a Nasdaq notice for failing to comply with the $50 million market value of listed securities requirement over a period of 30 successive working days until March 24.
Nasdaq has granted Autozi Internet Technology a 180-day period until Sept. 22 to regain compliance with the market value requirement for at least ten successive working days, the company said.
Shares of the company were down about 2.5% in recent trading.
Price: 0.70, Change: -0.02, Percent Change: -2.51