Lixiang Education Received Notice of Failure to Satisfy Continued Listing Rule

May 9, 2024

https://www.globenewswire.com/news-release/2024/05/09/2878494/0/en/Lixiang-Education-Received-Notice-of-Failure-to-Satisfy-Continued-Listing-Rule.html

LISHUI, China, May 09, 2024 (GLOBE NEWSWIRE) — Lixiang Education Holding Co., Ltd. (the “Company” or NASDAQ:LXEH), a prestigious private education service provider in China, today announced that it received a written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Global Market on May 7, 2024 indicating that the Company was not in compliance with Listing Rule 5450(a)(1)(the “Minimum Bid Price Rule”), which requires the Company to maintain a minimum bid price of US$1.00 per share.

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