China Liberal Ed Hldgs Ltd Stock Price, News & Analysis

China Liberal Education Holdings (NASDAQ: CLEU) received an additional staff determination notice from Nasdaq on May 21, 2025, due to its failure to file the Annual Report (Form 20-F) for FY2024. This violation of Nasdaq Listing Rule 5250(c)(1) serves as another basis for potential delisting. The company has a scheduled hearing with Nasdaq's Hearings Panel on June 10, 2025, and must request a suspension stay by May 28, 2025. The Panel will review and respond within 15 calendar days. CLEU states that its Form 20-F is substantially drafted and they are working to finalize it, though the completion timeline remains uncertain. The company emphasizes that its operations remain unaffected by these notices.

China Liberal Education Holdings (NASDAQ: CLEU) has received a staff determination notice from Nasdaq on May 7, 2025, indicating the exchange's decision to delist the company's securities. The delisting decision stems from public interest concerns regarding a substantial share issuance in December 2024, which resulted in significant shareholder dilution. The Private Placement involved shares sold at $0.006, representing a 96% discount from the $0.15 Nasdaq minimum price requirement.

Trading suspension is scheduled for May 16, 2025, unless CLEU appeals by May 14, 2025. The company plans to appeal the determination and will submit a compliance plan to Nasdaq's Hearings Panel, which will temporarily stay the suspension pending the appeal decision.

China Liberal Education Holdings (CLEU) has announced a significant share consolidation plan effective March 3, 2025. The consolidation will combine every 80 ordinary shares with a par value of $0.225 into one ordinary share with a par value of $18.0.

Following the consolidation, CLEU will continue trading on the Nasdaq Capital Market under the same symbol but with a new CUSIP number G2161Y133. All fractional shares will be rounded up to the nearest whole number. Post-consolidation, the company's authorized share capital will be $225,000,000, divided into 12,500,000 ordinary shares of $18.0 par value each.

China Liberal Education Holdings (NASDAQ: CLEU) has successfully regained compliance with Nasdaq's minimum bid price requirement, as announced on January 13, 2025. The company received confirmation from Nasdaq's Listing Qualifications Department that it has met the minimum bid price requirement of US$1.00 per share.

The compliance issue originated from an August 21, 2024 notification, when CLEU failed to maintain the required minimum bid price for 30 consecutive business days. To address this, the company implemented a 15:1 share consolidation on December 24, 2024, adjusting the par value from US$0.015 to US$0.225 per share.

Following this action, CLEU maintained a closing bid price above US$1.00 for 10 consecutive business days from December 24, 2024, to January 8, 2025, successfully resolving the compliance issue before the February 17, 2025 deadline.

China Liberal Education Holdings (CLEU) has announced a 15-to-1 share consolidation effective December 24, 2024. Each fifteen pre-consolidation ordinary shares with $0.015 par value will automatically combine into one ordinary share with $0.225 par value. The company's shares will continue trading on the Nasdaq Capital Market under the same symbol 'CLEU' but with a new CUSIP number G2161Y125. All fractional shares will be rounded up to whole numbers. Post-consolidation, the company's authorized share capital will be $225,000,000, divided into 1,000,000,000 ordinary shares of $0.225 par value each.

China Liberal Education Holdings (Nasdaq: CLEU) has announced its 2024 Annual General Meeting (AGM) to be held on November 25, 2024, at 9:30 a.m. China Standard Time. The meeting will take place at the company's Beijing location to consider and vote on proposed resolutions. Shareholders of record as of October 31, 2024, are entitled to vote, with one vote per share. The company's board fully supports the proposed resolutions and recommends shareholders vote in favor. The company has also filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, which is accessible on both the company's website and SEC's website.

China Liberal Education Holdings (Nasdaq: CLEU) reported its unaudited financial results for the first six months of fiscal year 2024 ended June 30, 2024. The company experienced a revenue decline to $0.89 million, down 34.8% from $1.36 million in the same period last year. Despite this, the company maintained a strong gross margin of 84.8%, up from 63.2% last year. The company reported a net loss of $4.72 million, compared to a net income of $0.38 million in the previous year.

Key financial highlights include:

• Revenue decreased by 34.8% to $0.89 million
• Gross profit decreased by 12.6% to $0.75 million
• Gross margin increased by 21.5 percentage points to 84.8%
• Loss from operations was $4.56 million
• Basic and diluted loss per share were $2.04
• Cash position increased to $84.15 million as of June 30, 2024

China Liberal Education Holdings (Nasdaq: CLEU) has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. The company's ordinary shares failed to maintain a minimum bid price of $1.00 for 32 consecutive business days from July 8 to August 20, 2024. CLEU has been given until February 17, 2025, to regain compliance by achieving a closing bid price of at least $1.00 for a minimum of 10 consecutive business days.

If the company fails to meet this requirement, it may face potential delisting from the Nasdaq Capital Market. China Liberal is considering options to regain compliance, including the possibility of a reverse share split. The company assures that its business operations remain unaffected by this notification.