CLPS Incorporation Receives Nasdaq Notification Regarding Minimum Bid Price Requirements

June 14, 2024

https://www.prnewswire.com/news-releases/clps-incorporation-receives-nasdaq-notification-regarding-minimum-bid-price-requirements-302172960.html

HONG KONG, June 14, 2024 /PRNewswire/ — CLPS Incorporation (the “Company” or “CLPS”) (Nasdaq: CLPS) today announced that it received a written notice from The Nasdaq Stock Market LLC (“Nasdaq”) dated June 10, 2024, indicating that the Company’s closing bid price for its common shares fell below $1.00 per share for 30 consecutive trading days, which is not in compliance with Nasdaq Listing Rule 5450(a)(1). The Nasdaq notification does not affect CLPS’s current listing or trading of the Company’s securities on the Nasdaq Global Market.

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