FangDD Received Nasdaq Notification Regarding Minimum Bid Price Requirement

Rhea-AI Summary

FangDD (Nasdaq: DUO) reported receiving a Nasdaq notice on July 22, 2026 that its Class A ordinary shares are not in compliance with Nasdaq Listing Rule 5550(a)(2) because the bid price stayed below US$1 for 30 consecutive business days from June 8 to July 21, 2026.

According to FangDD, Nasdaq has granted a 180-day grace period until January 19, 2027 to regain compliance by maintaining a closing bid price of at least US$1 for at least ten consecutive business days. The company may qualify for a second 180-day period if it meets other Nasdaq Capital Market initial listing standards and submits a remediation plan. The notice does not currently affect DUO’s Nasdaq listing or trading, and FangDD plans to monitor its share price and consider options to cure the deficiency.

Positive

• Nasdaq grants FangDD a 180-day compliance period to January 19, 2027
• Potential additional 180-day extension if other listing standards are met
• Current Nasdaq notice has no immediate effect on DUO trading or listing

Negative

• Shares traded below US$1 for 30 consecutive business days, triggering deficiency
• Risk of Nasdaq delisting if FangDD cannot regain minimum bid compliance within allowed periods

Market Context

The prior annual-report event was followed by a -1.88% 24-hour move, adding historical context to th...

Analysis

The prior annual-report event was followed by a -1.88% 24-hour move, adding historical context to this listing-deficiency notice. Peer data showed OMH up 6.58%; compliance milestones warrant attention, while low short positioning remains a sourced risk factor.

Key Figures

Notification date: July 22, 2026 Minimum bid price: Below US$1 per share Deficiency duration: 30 consecutive business days +4 more

7 metrics

Notification date July 22, 2026 Nasdaq deficiency notification

Minimum bid price Below US$1 per share Nasdaq Rule 5550(a)(2) deficiency

Deficiency duration 30 consecutive business days June 8 through July 21, 2026

Initial compliance period 180 calendar days Until January 19, 2027

Compliance deadline January 19, 2027 End of initial compliance period

Compliance trigger US$1 for 10 consecutive business days Required closing bid price

Additional compliance period 180 calendar days May be available if eligibility requirements are met

Historical Context

1 past event · Latest: May 06 (Neutral)

Pattern 1 events

Date	Event	Sentiment	24h Move	Catalyst
May 06	Annual report filing	Neutral	-1.9%	Filed 2025 annual report with audited financial statements available to shareholders

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

The only available prior event was a neutral annual-report filing followed by a -1.88% 24-hour price reaction.

Key Terms

minimum bid price requirement

1 terms

minimum bid price requirement regulatory

"not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule"

A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.

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SHENZHEN, China, July 24, 2026 (GLOBE NEWSWIRE) -- Fangdd Network Group Ltd. (Nasdaq: DUO) (“FangDD” or the “Company”) today announced that it has received a written notification from The Nasdaq Stock Market LLC (“Nasdaq”) dated July 22, 2026, indicating that the Company is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2) (the “Rule”) as the bid price of the Company’s Class A ordinary shares had closed below US$1 per share for the last 30 consecutive business days from June 8 through July 21, 2026.

Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a compliance period of 180 calendar days until January 19, 2027 to regain compliance. The Company will regain compliance if, at any time during this 180-day period, the closing bid price of the Company’s Class A ordinary shares is at least US$1 for a minimum of ten consecutive business days. In the event the Company does not regain compliance with the Rule within 180 calendar days, the Company may be eligible for an additional compliance period of 180 calendar days. To qualify, the Company needs to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and to provide written notice to Nasdaq of its intention to cure the deficiency during the second compliance period.

The notification letter has no current effect on the listing or trading of the Company’s Class A ordinary shares on Nasdaq. The Company intends to monitor the closing bid price of its Class A ordinary shares and is considering its options to cure the deficiency and regain compliance with the Rule.

This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.

About FangDD

Fangdd Network Group Ltd. (Nasdaq: DUO) is a customer-oriented property technology company in China, focusing on providing real estate transaction digitalization services. Through innovative use of mobile internet, cloud, big data, artificial intelligence, among others, FangDD has fundamentally revolutionized the way real estate transaction participants conduct their business through a suite of modular products and solutions powered by SaaS tools, products and technology. For more information, please visit http://ir.fangdd.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “aim,” “anticipate,” “believe,” “estimate,” “expect,” “hope,” “going forward,” “intend,” “ought to,” “plan,” “project,” “potential,” “seek,” “may,” “might,” “can,” “could,” “will,” “would,” “shall,” “should,” “is likely to” and the negative form of these words and other similar expressions. Among other things, statements that are not historical facts, including statements about the Company’s beliefs and expectations are or contain forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. All information provided in this press release is as of the date of this press release and is based on assumptions that the Company believes to be reasonable as of this date, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor Relations Contact

Ms. Linda Li
Director, Capital Markets Department
Phone: +86-0755-2699-8968
E-mail: ir@fangdd.com

FAQ

Why did FangDD (NASDAQ: DUO) receive a Nasdaq minimum bid price deficiency notice in July 2026?

FangDD received the notice because its Class A shares closed below US$1 for 30 straight business days. According to FangDD, this period ran from June 8 through July 21, 2026, violating Nasdaq Listing Rule 5550(a)(2) on minimum bid price requirements.

What deadline has Nasdaq set for FangDD (DUO) to regain minimum bid price compliance?

Nasdaq granted FangDD until January 19, 2027, a 180-day compliance period, to regain bid price compliance. According to FangDD, it must achieve a closing bid of at least US$1 for a minimum of ten consecutive business days within this period.

Can FangDD (NASDAQ: DUO) obtain an additional 180-day compliance period from Nasdaq?

FangDD may receive another 180 days if it meets other Nasdaq Capital Market initial listing standards, excluding bid price. According to FangDD, it must also provide written notice to Nasdaq of its intent to cure the deficiency during this potential second compliance period.

Does the Nasdaq deficiency notice immediately affect trading of FangDD (DUO) shares?

The notice currently has no effect on the listing or trading of FangDD’s Class A shares on Nasdaq. According to FangDD, the company’s stock continues to trade normally while it works within the granted compliance period to address the bid price issue.

What must FangDD (DUO) do to regain Nasdaq minimum bid price compliance?

FangDD must achieve a closing bid price of at least US$1 for ten consecutive business days within the 180-day window. According to FangDD, regaining this level would restore compliance with Nasdaq Listing Rule 5550(a)(2).

How is FangDD responding to the Nasdaq minimum bid price notice for DUO stock?

FangDD plans to monitor the closing bid price of its Class A shares and consider options to cure the deficiency. According to FangDD, this announcement was made to comply with Nasdaq Listing Rule 5810(b) on prompt disclosure of deficiency notifications.