FangDD received a Nasdaq notice after its stock traded below $1 for 30 consecutive business days.
FangDD (DUO) disclosed it received a Nasdaq deficiency notice for failing to maintain a minimum bid price of $1. The stock closed below the threshold for 30 straight sessions from June 8 to July 21.
The company now has until January 19, 2027, to regain compliance by ensuring its shares trade at or above $1 for at least 10 consecutive business days. Nasdaq rules require listed stocks to maintain a minimum bid price to avoid delisting.
No immediate market reaction was reported following the announcement.