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Four Seasons Education Receives Non-Compliance Letter from NYSE Regarding Holders Requirements

1. Four Seasons Education is non-compliant with NYSE stockholder requirements. 2. The company must demonstrate a compliance plan within 45 days to maintain listing.

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FAQ

Why Bearish?

Non-compliance with listing requirements often leads to decreased investor confidence, negatively impacting stock price, similar to how companies like American Apparel faced declines after NYSE delisting alerts.

How important is it?

This announcement directly impacts Four Seasons Education’s stock compliance, which is crucial for its market stability.

Why Short Term?

Immediate investor reactions may affect stock performance in the next quarter, particularly if compliance plans fail.

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FEDU
SHANGHAI , Feb. 3, 2025 /PRNewswire/ -- Four Seasons Education (Cayman) Inc. ("Four Seasons Education" or the "Company") (NYSE: FEDU), a tourism and education-related service provider in China, today announced that it has received a letter from the New York Stock Exchange (the "NYSE") dated January 30, 2025 (the "Notice"), notifying the Company that it is no longer in compliance with the minimum stockholder requirement for continued listing on NYSE pursuant to Section 802.01 "Continued Listing Criteria" of the NYSE Listed Company Manual, which requires the Company to maintain a number of total stockholders of not less than 1,200. In accordance with NYSE listing requirements, the Company has 45 calendar days from the receipt of the Notice to respond with a business plan that demonstrates compliance with this continued listing standard within 18 months of receipt of the Notice.

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