FangDD Regains Nasdaq Compliance Once Again

Fangdd Network Group Ltd. announced restoration of compliance with the minimum closing bid price requirement for continued listing on the Nasdaq Stock Market in June, following a warning dating back to December 2024.

On June 24, 2025, Fangdd published a press release confirming receipt of written notice from Nasdaq stating the company had regained compliance with the minimum closing bid price requirement, which stands at USD 1.00 per share.

The company was previously notified on December 24, 2024 that it was not in compliance with this requirement. At that time, Fangdd’s Class A ordinary shares had closed below $1.00 per share for 30 consecutive business days, triggering a deficiency notice from Nasdaq, which requires listed companies to maintain a minimum bid price of $1.00 per share. Continued non-compliance for 30 consecutive business days initiates a formal notification process.

Fangdd was granted a period of 180 calendar days, ending June 23, 2025, to regain compliance. The company’s share price subsequently met the minimum bid price threshold as of June 23, 2025, thereby resolving the deficiency.

FangDD has struggled with low share prices and briefly regained compliance in October 2024 after being similarly warned in September.

The company withdrew a patent purchase worth circa $35 million in January 2025 as the firm tackled its struggling share prices.