KYG313631155 - Common Stock
ETAO INTERNATIONAL CO LTD
NASDAQ:ETAO (5/8/2024, 7:00:01 PM)
After market: 1.25 -0.66 (-34.55%)1.91
-0.89 (-31.79%)
ETAO International Co., Ltd. is a digital healthcare company, which engages in the provision of telemedicine, hospital care, primary care, pharmacy, and health insurance covering life stages of patients. The company is headquartered in New York City, New York and currently employs 3,600 full-time employees. The company went IPO on 2022-06-17. The firm provides healthcare service, which consist of both online and offline capabilities. The firm offers services, which include online health insurance and pharmacy, digital diabetes management and biotech. Its offline healthcare services consist of hospital and specialty clinics, such as infertility, orthopedic surgery, plastic surgery and primary care. The firm has developed an application for medical consultations delivered online. The company provides services via its end-to-end application solution, to patients by providing access to a network of contracted physicians, pharmacies, and medical supply vendors across various geographical regions to deliver medical consultations, medication, and supplies. The firm provides medical software services to hospitals and/or clinics. The firm delivers medical services and quality care for Chinese patients via telemedicine and other services powered by technology.
ETAO INTERNATIONAL CO LTD
1460 Broadway, 14th Floor
New York City NEW YORK
P: 13473065134
Employees: 3600
Website: http://www.etao.world
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New York, NY, May 3rd, 2024 - (500NewsWire) -- ETAO International Co., Ltd. (NASDAQ:ETAO) (“ETAO” or the “Company”), a digital healthcare company providing medical care services, announced today that received a deficiency notice from Nasdaq that the Company is not in compliance with the $2,500,000 minimum stockholders’ equity listing requirement set forth in Rule 5550(b)(1) because its Form 6-K for the period ended June 30, 2023 filed with the SEC on March 8, 2024, reported stockholders’ equity of $1,532,492. Additionally, as of the date of this Report, the Company does not meet the alternative Nasdaq continued listing standards under Nasdaq Listing Rules.
This press release has been corrected to include further details regarding the reverse stock split of ETAO International Co., Ltd. We hereby issue a formal...
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