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UCloudLink Group Inc. received a written notification from Nasdaq on August 10, 2026, indicating its American…
UCLuCloudlink Group Inc.
UCloudLink Group Inc. received a written notification from Nasdaq on August 10, 2026, indicating its American depositary shares (ADSs) traded below the $1.00 minimum bid price requirement for 33 consecutive business days. The company has an 180-day compliance period until February 8, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 per share for ten consecutive business days. Failure to comply may result in delisting proceedings or an additional compliance period. This notice does not immediately affect the listing or trading of ADSs nor the company's business operations. UCloudLink operates as a mobile data traffic sharing marketplace, providing cloud SIM technology and connectivity services to users and telecommunications operators.