Qilian International Holding Group Ltd Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
JIUQUAN, China, July 17, 2023 /PRNewswire/ — Qilian International Holding Group Ltd (NASDAQ: QLI) (“Qilian” or the “Company”), a China-based pharmaceutical and chemical products manufacturer, received notification (the “Notification Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”), dated July 13, 2023, that the Company is not in compliance with the minimum bid price requirement set forth in the Nasdaq Listing Rules for continued listing on The Nasdaq Global Market (the “Nasdaq Global Market”). The Notification Letter is only a notification of deficiency and not a notice of delisting.