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NaaS Technology Inc. Received Nasdaq Notification Regarding Minimum Market Value Deficiency
NaaS Technology Inc. announced it has received a notification from Nasdaq regarding non-compliance with the minimum market value of listing securities requirement. The company has 180 days, until August 17, 2026, to regain compliance by maintaining a market value of US$35 million or more for at least ten consecutive business days. NaaS Technology plans to monitor its market value and expects its shares to continue trading on Nasdaq during this grace period, despite also not meeting other listing requirements related to stockholders’ equity and net income.