{"id":791160,"date":"2024-11-27T12:41:08","date_gmt":"2024-11-27T17:41:08","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/jayud-global-logistics-regains-compliance-with-nasdaqs-minimum-bid-price-requirement\/"},"modified":"2024-11-27T12:41:08","modified_gmt":"2024-11-27T17:41:08","slug":"jayud-global-logistics-regains-compliance-with-nasdaqs-minimum-bid-price-requirement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/jayud-global-logistics-regains-compliance-with-nasdaqs-minimum-bid-price-requirement\/","title":{"rendered":"Jayud Global Logistics Regains Compliance with Nasdaq\u2019s Minimum Bid Price Requirement"},"content":{"rendered":"
\n

SHENZHEN, China, Nov. 27, 2024 (GLOBE NEWSWIRE) — Jayud Global Logistics Limited (NASDAQ: JYD) (“Jayud” or the “Company”), a leading end-to-end supply chain solution provider based in Shenzhen specializing in cross-border logistics, today announced that it has received notice from the Nasdaq Listing Qualifications staff (“Nasdaq”) informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Rule”).\u00a0<\/p>\n

To regain compliance with the Rule, the Company’s common stock was required to maintain a minimum closing bid price of $1.00 or more for at least ten consecutive business days; on November 27, 2024, Nasdaq informed the Company it achieved compliance with this Rule. Therefore, Nasdaq considers the prior bid price deficiency matter now closed.\u00a0<\/p>\n

\n About Jayud Global Logistics Limited<\/strong>\n <\/p>\n

Jayud Global Logistics Limited is one of the leading Shenzhen-based end-to-end supply chain solution providers in China, focusing on cross-border logistics services. Headquartered in Shenzhen, the Company benefits from the unique geographical advantages of providing a high degree of support for ocean, air, and overland logistics. The Company has established a global operation nexus featuring logistic facilities throughout major transportation hubs in China and globally, with footprints in 12 provinces in Mainland China and 16 countries across six continents. Jayud offers a comprehensive range of cross-border supply chain solution services, including freight forwarding, supply chain management, and other value-added services. With its strong service capabilities and research and development capabilities in proprietary IT systems, the Company provides customized and efficient logistics solutions and develops long-standing customer relationships. For more information, please visit the Company\u2019s website: https:\/\/ir.jayud.com<\/a>.\u00a0<\/p>\n

\n Forward-Looking Statements<\/b>\u00a0<\/p>\n

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company\u2019s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as \u201cmay\u201d, \u201cwill\u201d, \u201cexpect\u201d, \u201canticipate\u201d, \u201caim\u201d, \u201cestimate\u201d, \u201cintend\u201d, \u201cplan\u201d, \u201cbelieve\u201d, \u201cis\/are likely to\u201d, \u201cpotential\u201d, \u201ccontinue\u201d or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company\u2019s registration statement and other filings with the SEC.\u00a0<\/p>\n

For more information, please contact:\u00a0<\/p>\n

Jayud Global Logistics Limited\u00a0
Investor Relations Department\u00a0
Email: ir@jayud.com<\/a>\u00a0\u00a0\u00a0<\/p>\n

Investor Relations Contact:\u00a0
Matthew Abenante, IRC\u00a0
President\u00a0
Strategic Investor Relations, LLC\u00a0\u00a0
Tel: 347-947-2093\u00a0
Email: matthew@strategic-ir.com<\/a>\u00a0<\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

SHENZHEN, China, Nov. 27, 2024 (GLOBE NEWSWIRE) — Jayud Global Logistics Limited (NASDAQ: JYD) (“Jayud” or the “Company”), a leading end-to-end supply chain solution provider based in Shenzhen specializing in cross-border logistics, today announced that it has received notice from the Nasdaq Listing Qualifications staff (“Nasdaq”) informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Rule”).\u00a0 To regain compliance with the Rule, the Company’s common stock was required to maintain a minimum closing bid price of $1.00 or more for at least ten consecutive business days; on November 27, 2024, Nasdaq informed the Company it achieved compliance with this Rule. Therefore, Nasdaq considers the prior bid price deficiency matter … <\/p>\n

Continue reading “Jayud Global Logistics Regains Compliance with Nasdaq\u2019s Minimum Bid Price Requirement”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-791160","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nJayud Global Logistics Regains Compliance with Nasdaq\u2019s Minimum Bid Price Requirement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/jayud-global-logistics-regains-compliance-with-nasdaqs-minimum-bid-price-requirement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jayud Global Logistics Regains Compliance with Nasdaq\u2019s Minimum Bid Price Requirement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SHENZHEN, China, Nov. 27, 2024 (GLOBE NEWSWIRE) — Jayud Global Logistics Limited (NASDAQ: JYD) (“Jayud” or the “Company”), a leading end-to-end supply chain solution provider based in Shenzhen specializing in cross-border logistics, today announced that it has received notice from the Nasdaq Listing Qualifications staff (“Nasdaq”) informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Rule”).\u00a0 To regain compliance with the Rule, the Company’s common stock was required to maintain a minimum closing bid price of $1.00 or more for at least ten consecutive business days; on November 27, 2024, Nasdaq informed the Company it achieved compliance with this Rule. 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