BEIJING, Feb. 11, 2025 (GLOBE NEWSWIRE) — Haoxi Health Technology Limited (HAO), a Beijing-based online marketing solution provider, announced today that it is back in compliance with Nasdaq Listing Rule 5550(a)(2). This rule requires companies to maintain a minimum bid price of $1.00 per share for their Class A ordinary shares.
The Nasdaq confirmed the company’s compliance after HAO’s shares closed at or above $1.00 for ten consecutive business days, from January 27, 2025, to February 7, 2025. As a result, Haoxi Health Technology has resolved the previous bid price deficiency.
About Haoxi Health Technology Limited
Haoxi Health Technology Limited specializes in providing online marketing solutions for clients in the healthcare industry. The company benefits from the growth of news feed advertising and the expansion of the healthcare sector.
HAO offers comprehensive online marketing services, particularly in online short video marketing. They help advertisers attract and keep customers on popular Chinese platforms like Toutiao, Douyin, WeChat, and Sina Weibo. The company focuses on minimizing costs, boosting efficiency, and providing simple online marketing solutions for advertisers.
For more information, please visit Haoxi Health Technology’s Investor Relations website.
Forward-Looking Statement
This press release includes forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements cover future plans, objectives, goals, strategies, events, and performance, as well as underlying assumptions. The company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” and “estimate,” or similar terms, to indicate forward-looking statements.
Forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties that could cause actual results to differ materially from the company’s expectations. These risks include, but are not limited to, the company’s goals and strategies, market trends, future business development, demand for new services, the company’s ability to secure new customer orders, the timing of marketing and sales of new solutions, technological changes, and other factors outlined in the company’s SEC filings. Investors should not place undue reliance on these forward-looking statements.
Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov.
The Company is not obligated to update these forward-looking statements to reflect future events or circumstances.
Investor Relations Contact:
WFS Investor Relations Inc.
Janice Wang, Managing Partner
Email: services@wealthfsllc.com
Phone: +86 13811768599 or +1 628 283 9214
