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ZK International Receives Nasdaq Notice Regarding Minimum Bid Requirements

PR Newswire - Wed Oct 19, 2022

WENZHOU, China, Oct. 19, 2022 /PRNewswire/ -- ZK International Group Co., Ltd. (Nasdaq: ZKIN) ("ZKIN", "ZK International" or the "Company") today announced that the Company received a notice from the Nasdaq Stock Market LLC ("Nasdaq"), dated Oct. 13, 2022, notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5450(a)(1) (the "Rule") because the bid price of the Company's ordinary shares fail to maintain a minimum bid price of US$1.00 per share for the last 30 consecutive business days from August 31, 2022 to October 12, 2022. 

Read more at prnewswire.com

Provided Content: Content provided by PR Newswire. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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