NANCHANG, Chi a, Oct. 09, 2026 (GLOBE NEWSWIRE) — Rua yu Edai Tech ology I c. (NASDAQ: RYET) (the “Compa y”) today a ou ced that it eceived a w itte otice dated Octobe 7, 2026 f om Nasdaq stati g that the closi g bid p ice of its o di a y sha es was below $1.00 pe sha e fo 30 co secutive busi ess days, f om August 25 th ough Octobe 6, 2026. Acco di gly, the Compa y does ot meet the mi imum bid p ice equi eme t fo co ti ued listi g o the Nasdaq Capital Ma ket u de Nasdaq Listi g Rule 5550(a)(2).
U de Nasdaq Listi g Rule 5810(c)(3)(A), the Compa y has 180 cale da days, u til Ap il 5, 2027, to egai complia ce. Complia ce equi es a closi g bid p ice of at least $1.00 pe sha e fo a mi imum of te co secutive busi ess days du i g that pe iod, subject to Nasdaq’s disc etio to equi e a lo ge pe iod a d its w itte co fi matio .
The otice has o immediate effect o the listi g o t adi g of the Compa y’s o di a y sha es o the Nasdaq Capital Ma ket.
Rua yu Edai Tech ology I c. is a AI-d ive educatio tech ology compa y focused o i tellige t co te t ecog itio , automated assessme t a d ext-ge e atio lea i g systems. The Compa y has histo ically developed a d p ovided AI-e abled teachi g, lea i g a d assessme t solutio s, i cludi g sma t homewo k, sma t exami atio a d digital educatio se vices, a d si ce Septembe 2025 has p ovided campus ope atio s a d stude t-life se vices th ough its Sma t Campus Se vices busi ess.
The Compa y is p ese ti g its g oup busi esses u de the Fo mi d G oup ide tity as pa t of its b oade st ategy to expa d AI educatio , la guage lea i g, i stitutio al educatio suppo t a d global tech ology i itiatives. Additio al i fo matio about Fo mi d G oup is available at www.fo mi d.g oup. I fo matio o that website is ot pa t of this p ess elease.
FSR Capital, a FSR G oup Compa yEmail: i @fs .g oup