Nasdaq Flags Jianzhi Education’s Low Share Price “`
BEIJING, Jan. 17, 2025 — Jianzhi Education Technology Group Company Limited (“Jianzhi” or the “Company”) (NASDAQ: JZ), a leading Chinese provider of digital educational content, received notification from Nasdaq on January 15, 2025. The notification stated that the closing bid price of its American depositary shares (ADSs) had been below the required US$1.00 per share minimum for the preceding 30 business days. This notification does not currently affect the listing or trading of Jianzhi’s ADSs on Nasdaq.
Nasdaq’s listing rules grant Jianzhi a 180-calendar-day compliance period, extending to July 14, 2025, to regain compliance. If the closing bid price reaches or exceeds US$1.00 per share for ten consecutive business days within this period, Nasdaq will confirm compliance, and the matter will be concluded.
Should Jianzhi fail to achieve compliance by July 14, 2025, Nasdaq may grant an additional 180-day compliance period, subject to their review.
This notification will not impact Jianzhi’s business operations; the Company will pursue all reasonable measures to restore compliance.
About Jianzhi Education Technology Group Company Limited
Founded in 2011 and headquartered in Beijing, Jianzhi is a leading provider of digital educational content in China. Dedicated to meeting the high demand for professional development training, Jianzhi initially served higher education institutions with educational content and IT services. It also offers products to individual consumers. Jianzhi’s proprietary content development expertise and resource consolidation have resulted in a comprehensive digital educational content database providing a wide array of professional development products. This content is integrated into Jianzhi’s self-developed online learning platforms and distributed via a multi-channel sales system. Jianzhi is fully committed to the digital transformation of China’s education sector. For more information, please visit: www.jianzhi-jiaoyu.com.
Safe Harbor Statement
This press release includes forward-looking statements under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such statements, identifiable by terms like “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar expressions, are not historical facts but rather statements of beliefs, plans, and expectations. Forward-looking statements involve inherent risks and uncertainties. Refer to the Company’s SEC filings for details on these and other risks. All information herein is current as of the release date, and the Company disclaims any obligation to update forward-looking statements except as required by law.
For investor and media inquiries, please contact:
Janice Wang
Wealth Financial Services LLC
Phone: +86 13811768559
+1 628 283 9214
Email: services@wealthfsllc.com
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