Loeb Secures Continued Nasdaq Listing for Autozi

Loeb & Loeb successfully represented Autozi Internet Technology (Global) Ltd., a Nasdaq Global Market company that operates a fast-growing automotive service and supply-chain technology platform in China, in connection with its successful continued listing and regaining of compliance with Nasdaq continued listing requirements.

Autozi had received deficiency and delisting notices from Nasdaq relating to minimum bid price and minimum market value of listed securities requirements. Loeb worked closely with the company to develop and implement a comprehensive compliance plan and led ongoing correspondence with Nasdaq throughout the compliance process.

As a result of these efforts, Nasdaq determined that Autozi had regained compliance with all applicable continued listing requirements, cancelled the delisting hearing previously scheduled, and confirmed that the company’s Class A ordinary shares will continue to trade on the Nasdaq Global Market.

The Loeb team was led by Henry Yin, partner and chair of the firm’s Asia M&A and Technology Transactions practice, and included Capital Markets senior counsel Hermione Krumm, corporate counsel Benjamin Yao and associate Bowen Yang.

For more information, please see the company’s press release.