NaaS Technology Inc. provides electric vehicle (EV) charging services in China. It serves charging station operators, charger manufacturers, EV OEMs, and other end-users. The company was founded in 2019 and is based in Beijing, China.
NaaS Technology Inc. Regains Compliance with Nasdaq Minimum Market Value of Listed Securities Requirement
NaaS Technology Inc. received notice from Nasdaq that it has regained compliance with the minimum market value of listed securities requirement.
The company's market value held at or above $35 million for 20 consecutive business days between July 7 and August 3, satisfying Listing Rule 5550(b)(2).
This closes the compliance matter opened in February when the company initially fell below the required threshold.