BEIJING, Dec. 2, 2025 /PRNewswire/ — Autozi Web Era (World) Ltd. (“Autozi” or the “Company”) (Nasdaq: AZI), one in every of China’s chief and fastest-growing lifecycle automobile carrier and supply-chain era platforms, introduced as of late that on November 26, 2025, it won two notification letters from the Nasdaq Conserve Marketplace LLC (“Nasdaq”).
Within the first notification letter from Nasdaq dated as of November 26, 2025, Nasdaq notified the Corporate that the Corporate isn’t in compliance with the minimal Marketplace Price of Publicly Held Stocks (“MVPHS”) of US$15,000,000 poised forth within the Nasdaq Record Laws for persevered list at the Nasdaq World Marketplace. Nasdaq Record Rule 5450(b)(2)(C) calls for corporations to guard a minimal MVPHS of US$15 million, and Nasdaq Record Rule 5810(c)(3)(D) supplies {that a} failure to fulfill the MVPHS requirement exists if the deficiency continues for a duration of 30 consecutive industry days. In accordance with the MVPHS of the Corporate for the 30 consecutive industry days from October 15, 2025 to November 25, 2025, the Corporate now not meets the minimal requirement. This notification does no longer have an effect on the list and buying and selling of the Corporate’s securities at this while. Pursuant to Nasdaq Record Rule 5810(c)(3)(D), the Corporate has a compliance duration of 180 calendar days, or till Might 26, 2026, to regain compliance. If at any while right through this compliance duration the Corporate’s MVPHS closes at US$15,000,000 or extra for no less than ten consecutive industry days, Nasdaq will notify the Corporate that it has completed compliance with the MVPHS requirement, and the MVPHS topic can be closed. Within the tournament the Corporate does no longer regain compliance with Rule 5450(b)(2)(C) previous to the expiration of the compliance duration, it is going to obtain written notification that its securities are matter to delisting.
In the second one notification letter from Nasdaq dated as of November 26, 2025, Nasdaq notified the Corporate that as of November 25, 2025, the Corporate’s securities had a last bid worth of $0.10 or much less for ten consecutive buying and selling days, and accordingly, the Corporate is matter to the provisions pondered beneath Record Rule 5810(c)(3)(A)(iii). Consequently, the Nasdaq team of workers has progressive to delist the Corporate’s securities from the Nasdaq World Marketplace. The Corporate has the chance to attraction the team of workers’s decision to a Hearings Panel (the “Panel”) by means of December 3, 2025. The listening to request will keep the suspense of the Corporate’s securities and the submitting of the Mode 25-NSE pending the Panel’s resolution. The associated fee for the listening to is $20,000. The Corporate asked a listening to by means of the Panel on December 2, 2025.
About Autozi
Based in 2010, Autozi is a fast-growing automobile carrier and era platform in China. The corporate trade in a large portfolio of fine quality, cost-effective automobile services and products via on-line and offline channels national. The usage of its complex delivery chain cloud platform and SaaS answers, Autozi has constructed an built-in ecosystem that connects key stakeholders around the automobile trade, improving collaboration and potency all through the availability chain.
Touch Data
Autozi Web Era (World) Ltd.
Mr. Jiabing Tune
E-mail: [email protected]
SOURCE Autozi Web Era (World) Ltd.
