Smart Share Global Limited Regains Compliance with Nasdaq’s Minimum Bid Price Requirement
SHANGHAI, China, Dec. 23, 2022 (GLOBE NEWSWIRE) — Smart Share Global Limited (Nasdaq:EM) (“Energy Monster” or the “Company”), a consumer tech company providing mobile device charging service, today announced that it has received a written notification letter (the “Compliance Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) dated December 22, 2022, indicating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”).
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