Mining firm BIT Mining received notice that NYSE does not meet the price standard in the continuous listing standard

Golden Financial News, mining company BIT Mining has received a notice from the New York Stock Exchange, informing the company that the company does not meet the price standards in the continuous listing standard of the New York Stock Exchange, because as of July 28, 2022, BIT Mining’s US deposit The average closing price of ADSs for 30 consecutive trading days was below $1.00 per share. According to the regulations, the company has a six-month remedial period after receiving the notice to re-comply with the minimum share price requirement, and BIT Mining said it has replied to the NYSE on August 4, 2022 to resolve the issue.

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