Unless an appeal is requested, trading for its ordinary shares will halt on December 22. ETAO intends to appeal this decision and is actively devising a plan to meet Nasdaq's listing rules.
This notification is in line with Nasdaq's regulations on disclosure regarding compliance issues.
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According to data from Benzinga Pro, ETAO has a 52-week high of $54.60 and a 52-week low of $27.85.
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