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BEIJING, Dec. 2, 2025 /PRNewswire/ — Autozi Web Era (International) Ltd. (“Autozi” or the “Company”) (Nasdaq: AZI), one in all China’s prominent and fastest-growing lifecycle car provider and supply-chain era platforms, introduced as of late that on November 26, 2025, it gained two notification letters from the Nasdaq Store 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 Regulations for endured list at the Nasdaq International 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 satisfy the MVPHS requirement exists if the deficiency continues for a duration of 30 consecutive trade days. In accordance with the MVPHS of the Corporate for the 30 consecutive trade days from October 15, 2025 to November 25, 2025, the Corporate not meets the minimal requirement. This notification does no longer affect the list and buying and selling of the Corporate’s securities at this year. 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 year all the way through this compliance duration the Corporate’s MVPHS closes at US$15,000,000 or extra for at least ten consecutive trade days, Nasdaq will notify the Corporate that it has accomplished compliance with the MVPHS requirement, and the MVPHS topic will likely be closed. Within the match the Corporate does no longer regain compliance with Rule 5450(b)(2)(C) previous to the expiration of the compliance duration, it’s 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 terminating bid value of $0.10 or much less for ten consecutive buying and selling days, and accordingly, the Corporate is matter to the provisions pondered below Record Rule 5810(c)(3)(A)(iii). Consequently, the Nasdaq body of workers has motivated to delist the Corporate’s securities from the Nasdaq International Marketplace. The Corporate has the chance to attraction the body of workers’s choice to a Hearings Panel (the “Panel”) via December 3, 2025. The listening to request will keep the suspense of the Corporate’s securities and the submitting of the Method 25-NSE pending the Panel’s determination. The cost for the listening to is $20,000. The Corporate asked a listening to via the Panel on December 2, 2025.
About Autozi
Based in 2010, Autozi is a fast-growing car provider and era platform in China. The corporate trade in a large portfolio of top of the range, cost-effective car 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 car trade, improving collaboration and potency all over the availability chain.
Touch Data
Autozi Web Era (International) Ltd.
Mr. Jiabing Track
Electronic mail: [email protected]
SOURCE Autozi Web Era (International) Ltd.
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