Fangdd Network Group Notified of Nasdaq Minimum Bid Price Non-Compliance

Fangdd Network Group has received a notification from Nasdaq regarding its failure to meet the minimum bid price requirement, as its shares traded below $1 for 30 consecutive business days. The company has been granted a 180-day period, until January 19, 2027, to regain compliance with the listing standard. Failure to do so could lead to delisting from the exchange.