trending Market Intelligence /marketintelligence/en/news-insights/trending/pCEIy2hm8vaXjCEEoMURuw2 content esgSubNav
In This List

Hexindai falls short of Nasdaq's listing requirements

Blog

Fintech Intelligence Digital Newsletter: May 2021

Street Talk – Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs

Fintech Intelligence Digital Newsletter: April 2021

Podcast

Street Talk | Episode 76: Record pace of fintech M&A, funding in Q1'21 has legs


Hexindai falls short of Nasdaq's listing requirements

Hexindai Inc. received a delisting notice from Nasdaq for its noncompliance with continued listing requirements.

Nasdaq sent a notification letter about its noncompliance with the minimum bid price requirement as the closing price of the company's American depositary shares have been less than US$1 over a consecutive 30-trading-day period, according to a Dec. 19 release.

Hexindai has until June 15, 2020, to regain compliance with the minimum bid price in accordance with Nasdaq's listing guidelines.