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AZI Regains Compliance with Nasdaq Minimum Bid Price Requirement

1. AZI regained compliance with Nasdaq's minimum bid price requirement. 2. Class A shares have been above $1.00 for 14 consecutive business days. 3. This compliance closes the previous issue raised on February 5, 2025.

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Why Bullish?

Regaining compliance often boosts investor confidence, likely leading to increased trading interest. Companies typically experience positive stock movement following compliance news, especially after prior concerns.

How important is it?

The compliance news directly addresses a critical regulatory requirement, impacting market perception. Non-compliance concerns typically lead to stock volatility, making compliance news significant.

Why Short Term?

Investor sentiment may improve quickly due to compliance news, but long-term effects depend on sustained performance. Historical patterns show stocks may rise in the short term but stabilization of price requires ongoing operational performance.

Related Companies

NDAQ
, /PRNewswire/ -- Autozi Internet Technology (Global) Ltd. (Nasdaq: AZI) ("Autozi" or the "Company"), an automotive products and services company in China, today announced that it has received a written notice (the "Compliance Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") dated May 16, 2025, informing the Company that it has regained compliance with the minimum bid price requirement set forth under the Listing Rule 5450(a)(1) (the "Minimum Bid Price Requirement"). As previously announced, the Company was notified by Nasdaq on February 5, 2025 that the Company's Class A ordinary shares failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days. According to the Compliance Notice, the Company regained compliance with the Minimum Bid Price Requirement because the closing bid price of the Company's Class A ordinary shares has been at $1.00 per share or greater for 14 consecutive business days, from April 28 through May 15, 2025, and the matter is now closed. About Autozi Autozi Internet Technology (Global) Ltd. is a leading, fast-growing provider of lifecycle automotive services in China. Founded in 2010, Autozi offers a comprehensive range of high-quality, affordable, and professional automotive products and services through both online and offline channels across the country. Leveraging its advanced online supply chain cloud platform and SaaS solutions, Autozi has built a dynamic ecosystem that connects key participants across the automotive industry. This interconnected network enables more efficient collaboration and streamlined processes throughout the entire supply chain, positioning Autozi as a key driver of innovation and growth in the automotive services sector. Contact Information The Blueshirt GroupJack WangEmail: [email protected]  SOURCE Autozi Internet Technology (Global) Ltd. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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