17EdTech Has Regained Compliance with Nasdaq’s Minimum Bid Price Requirement

January 19, 2024

https://www.globenewswire.com/news-release/2024/01/05/2804515/0/en/17EdTech-Has-Regained-Compliance-with-Nasdaq-s-Minimum-Bid-Price-Requirement.html

BEIJING, Jan. 05, 2024 (GLOBE NEWSWIRE) — 17 Education & Technology Group Inc. (Nasdaq:YQ) (“17EdTech” or the “Company”), a leading education technology company in China, today announced that it received a notification letter (the “Compliance Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated January 4, 2024, indicating that the Company has regained compliance with the Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”) and the matter is closed.

Read more at globenewswire.com

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