Me-ow! Pet Community Operator Boqii Faces Delisting Due to Shriveling Valuation
Key Takeaways:
Boqii could face delisting from the NYSE after its market valuation fell out of compliance with NYSE rules
Company could delist through a management-led buyout and is likely to disappear from the NYSE main board within the next year
By Doug Young
Call it the incredible shrinking pet.
Boqii Holding Said Received NYSE Non-Compliance Letter Regarding Market Capitalization and Stockholders’ Equity
Boqii Holding Limited ("Boqii" or the "Company") (NYSE: BQ), a leading pet-focused platform in China, today announced that it has received a letter dated April 5, 2022 (the "Letter") from the New York Stock Exchange (the "NYSE"), notifying the Company that its total market capitalization and stockholders' equity are below the NYSE
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Recap: Boqii Holding Q3 Earnings
Boqii Holding (NYSE:BQ) reported its Q3 earnings results on Thursday, March 3, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings Scheduled For March 3, 2022
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