{"id":24697,"date":"2024-01-23T21:00:00","date_gmt":"2024-01-23T21:00:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4318862_CN18862_0"},"modified":"2024-01-23T21:00:00","modified_gmt":"2024-01-23T21:00:00","slug":"mingzhu-receives-nasdaq-minimum-bid-price-requirement-extension","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=24697","title":{"rendered":"Mingzhu Receives Nasdaq Minimum Bid Price Requirement Extension"},"content":{"rendered":"\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">SHENZHEN, China<\/span>, Jan. 24, 2024 \/PRNewswire\/ &#8212; MingZhu Logistics Holdings Limited (&quot;MingZhu&quot; or the &quot;Company&quot;) (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced that on <span class=\"xn-chron\">January 23, 2024<\/span>, it received notification from The Nasdaq Stock Market LLC (&quot;NASDAQ&quot;) confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through <span class=\"xn-chron\">July 22<\/span>, 2024.&nbsp; To regain compliance with NASDAQ&#8217;s minimum bid price requirement, the closing bid price of the Company&#8217;s ordinary shares needs to be at least <span class=\"xn-money\">$1.00<\/span> per share or greater for at least ten consecutive business days by <span class=\"xn-chron\">July 22, 2024<\/span>.<\/span><\/p>\n<p><b>About MingZhu Logistics Holdings Limited (NASDAQ: YGMZ)<\/b><\/p>\n<p>Established in 2002 and headquartered in <span class=\"xn-location\">Shenzhen, China<\/span>, MingZhu Logistics Holdings Limited is a 4A-rated professional trucking service provider. Based on the Company&#8217;s regional logistics terminals in <span class=\"xn-location\">Guangdong Province<\/span> and Xinjiang Autonomous Region, MingZhu Logistics Holdings offers tailored solutions to our clients to deliver their goods through our network density and broad geographic coverage across the country by a combination of self-owned fleets tractors and trailers and subcontractors&#8217; fleets. For more information, please visit ir.szygmz.com.<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>The statements in this press release regarding the Company&#8217;s future expectations, plans and prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding plans, goals, objectives, strategies, future events, expected performance, assumptions and any other statements of fact that have not occurred. Any statements that contain the words &quot;may&quot;, &quot;will&quot;, &quot;want&quot;, &quot;should&quot;, &quot;believe&quot;, &quot;expect&quot;, &quot;anticipate&quot;, &quot;estimate&quot;, &quot;calculate&quot; or similar statements that are not factual in nature are to be considered forward-looking statements. Actual results may differ materially from historical results or from those expressed in these forward-looking statements as a result of a variety of factors. These factors include, but are not limited to, the Company&#8217;s strategic objectives, the Company&#8217;s future plans, market demand and user acceptance of the Company&#8217;s products or services, technological advances, economic trends, the growth of the trucking services market in <span class=\"xn-location\">China<\/span>, the Company&#8217;s reputation and brand, the impact of industry competition and bidding, relevant policies and regulations, fluctuations in <span class=\"xn-location\">China&#8217;s<\/span> macroeconomic conditions, and the risks and assumptions disclosed in the Company&#8217;s reports provided to the CSRC (China Security Regulatory Commission). For these and other related reasons, we advise investors not to place any reliance on these forward-looking statements, and we urge investors to review the Company&#8217;s relevant SEC filings for additional factors that may affect the Company&#8217;s future results of operations. The Company undertakes no obligation to publicly revise these forward-looking statements subsequent to the filing of these documents as a result of changes in particular events or circumstances.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SHENZHEN, China, Jan. 24, 2024 \/PRNewswire\/ &#8212; MingZhu Logistics Holdings Limited (&quot;MingZhu&quot; or the &quot;Company&quot;) (NASDAQ: YGMZ), an elite provider of logistics and transportation services to businesses, today announced that on January 23, 2024, it received notification from The Nasdaq Stock Market LLC (&quot;NASDAQ&quot;) confirming the Company has been granted an additional 180 calendar day [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-24697","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mingzhu Receives Nasdaq Minimum Bid Price Requirement Extension - My Blog<\/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:\/\/transmediavictoria.net.au\/?p=24697\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mingzhu Receives Nasdaq Minimum Bid Price Requirement Extension - My Blog\" \/>\n<meta property=\"og:description\" content=\"SHENZHEN, China, Jan. 24, 2024 \/PRNewswire\/ &#8212; 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