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Li Bang International Corporation Inc. ("Li Bang International") and its subsidiaries (collectively, the "Company," "we," "us," "our company," or "Li Bang") (Nasdaq: LBGJ), a company engaged in designing, developing, producing, and selling stainless steel commercial kitchen equipment in China, today announced that the Company received a notice (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") on November 7, 2025, notifying the Company that, for the last 31 consecutive business days, the bid price for the Company's listed securities had closed below the minimum $1.00 per share requirement for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement").
The Notice has no immediate effect on the listing or trading of the Company's securities, which will continue to trade on the Nasdaq Capital Market under the symbol "LBGJ."
Posted In: LBGJ