ETAO Faces Potential Nasdaq Delisting over Filing Delay

Nasdaq Issues Non-Compliance Notice to ETAO International

ETAO International Co. Ltd., a digital healthcare company, received a non-compliance notice from the Nasdaq Stock Market due to its delay in filing its interim financial statements for the period ended June 30, 2023. The notice, issued by the Nasdaq Listing Qualifications Department on January 5, 2024, serves as a basis for the potential delisting of ETAO’s securities from the Nasdaq Stock Market. ETAO disclosed this notification today in accordance with the Nasdaq Listing Rule 5810(b), which requires companies to immediately disclose any threats of delisting.