Quhuo Limited Nasdaq Continued Listing Conditions

Quhuo Limited received a Nasdaq Hearings Panel decision granting continued listing on Nasdaq, subject to several conditions. The company must apply to transfer its listing to The Nasdaq Capital Market by May 26, 2026, and publicly disclose its commitment not to conduct external financing for one year. Additionally, through September 23, 2026, Quhuo is restricted from issuing ADSs, common stock, or convertible securities in external financings. The company has already implemented a 1-for-30 reverse stock split, which, as of May 13, 2026, brought its ADS bid price above $1.00 for 13 consecutive days, regaining compliance with the bid price rule. Quhuo filed the transfer application on May 22, 2026. Trading may resume after satisfying these conditions and submitting a reinstatement form. The company is subject to a one-year discretionary panel monitor until May 13, 2027, during which it must strictly maintain Nasdaq listing standards to avoid immediate delisting.