BEIJING, March 29, 2026 (GLOBE NEWSWIRE) — Autozi Web Know-how (International) Ltd. (“Autozi” or the “Company”) (Nasdaq: AZI), certainly one of China’s main and fastest-growing lifecycle automotive service and supply-chain expertise platforms, introduced at this time that it has obtained a written notification (the “Notification Letter”) from The Nasdaq Inventory Market LLC (“Nasdaq”) dated March 25, 2026 indicating that the Firm will not be in compliance with the minimal Market Worth of Listed Securities (“MVLS”) of US$50,000,000 set forth within the Nasdaq Itemizing Guidelines for continued itemizing on the Nasdaq International Market, as its MVLS for the 30 consecutive enterprise days from February 10, 2026 to March 24, 2026 has failed to satisfy the minimal requirement. Pursuant to Nasdaq Itemizing Rule 5810(c)(3)(C), the Firm has a compliance interval of 180 calendar days, or till September 21, 2026, to regain compliance. If at any time throughout this compliance interval the Firm’s MVLS closes at US$50,000,000 or extra for at least ten consecutive enterprise days, Nasdaq will notify the Firm that it has achieved compliance with the MVLS requirement, and the MVLS matter will likely be closed. Within the occasion the Firm doesn’t regain compliance with Rule 5450(b)(2)(A) previous to the expiration of the compliance interval, it’ll obtain written notification that its securities are topic to delisting. This notification doesn’t affect the itemizing and buying and selling of the Firm’s securities at the moment.
About Autozi
Based in 2010, Autozi is a fast-growing automotive service and expertise platform in China. The corporate presents a broad portfolio of high-quality, cost-effective automotive services by way of on-line and offline channels nationwide. Utilizing its superior provide chain cloud platform and SaaS options, Autozi has constructed an built-in ecosystem that connects key stakeholders throughout the automotive business, enhancing collaboration and effectivity all through the availability chain.
