Brief: Tarena Says Co No Longer Meets Minimum Bid Price Requirement For Nasdaq Global Select Market

VisionSys AI

26/11/2019 10:14

Nov 26 (Reuters) - Tarena International Inc  TEDU.O :
    * TARENA ANNOUNCES RECEIPT OF NASDAQ NOTICE
    * CO NO LONGER MEETS THE MINIMUM BID PRICE REQUIREMENT FOR
THE
NASDAQ GLOBAL SELECT MARKET
    * CO INTENDS TO MONITOR CLOSING BID PRICE OF ITS ADS BETWEEN
NOW
AND MAY 25, 2020 AND IS CONSIDERING ITS OPTIONS
    * TARENA INTERNATIONAL-NO LONGER MEETS MINIMUM BID PRICE
REQUIREMENT AS CLOSING BID PRICE OF CO'S ADS FOR 30 CONSECUTIVE
BUSINESS DAYS BELOW $1 PER SHARE

Source text for Eikon:  ID:nPn8w0T2ha 
Further company coverage:  TEDU.O 

 ((Reuters.Briefs@thomsonreuters.com;))