Ruisi Education announced that its share price was lower than $65,438+0 per share, which did not meet the minimum purchase price requirement of $65,438+0 calculated at the closing price for 30 consecutive working days from August 3, 2026 to September 24.

Reece English training institutions seek transformation;

According to the rules of new york Stock Exchange, if the average closing price of securities reported on the statement is less than $65,438+0 for one month in a row, the company will be regarded as below the compliance standard. The company must restore the share price and average share price to above $65,438+$0.00 within six months after receiving the notice.

Otherwise, after the end of six months, as long as one of the conditions is not met, the NYSE will start the suspension and delisting procedures. Relevant persons of Ruisi Education said that they have begun to transform into quality education. However, with the introduction of the "double drop" policy in July, the previous efforts of Ruisi Education were almost "cleared", and the stock price directly fell from $3 to below 1 dollar.