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    SEC Form 6-K filed by Jianzhi Education Technology Group Company Limited American De

    1/17/25 4:30:02 PM ET
    $JZ
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    6-K 1 ea0228004-6k_jianzhi.htm REPORT OF FOREIGN PRIVATE ISSUER
     

     

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549

     

    FORM 6-K

     

    REPORT OF FOREIGN PRIVATE ISSUER
    PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
    THE SECURITIES EXCHANGE ACT OF 1934

     

    For the month of January 2025

     

    Commission File Number: 001-41445

     

    Jianzhi Education Technology Group Company Limited

     

    15/F, Tower A, Yingdu Building, Zhichun Road

    Haidian District, Beijing 100086

    People’s Republic of China

    +86 10 58732560

    (Address of principal executive offices)

     

    Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

     

    Form 20-F ☒         Form 40-F ☐

     

     

     

     

     

     

    Jianzhi Education Technology Group Company Limited

    Announces Receipt of Minimum Bid Price Notice from Nasdaq

     

    Jianzhi Education Technology Group Company Limited (NASDAQ: JZ) (“Jianzhi” or the “Company”) announced that it has received written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated January 15, 2025, indicating that for the last 30 consecutive business days, the closing bid price for the Company’s American depositary shares (the “ADSs”) was below the minimum bid price of US$1.00 per share requirement set forth in the Nasdaq Listing Rules. The Nasdaq notification letter has no current effect on the listing or trading of the Company’s ADSs on The Nasdaq Capital Market.

     

    Pursuant to the Nasdaq Listing Rules, the Company is provided with a compliance period of 180 calendar days, or until July 14, 2025, to regain compliance under the Nasdaq Listing Rules. If at any time during the 180-day compliance period, the closing bid price of the Company’s ADSs is US$1.00 per share or higher for a minimum of ten consecutive business days, the Nasdaq will provide the Company written confirmation of compliance and the matter will be closed.

     

    In the event the Company does not regain compliance by July 14, 2025, the Company may be eligible for an additional 180 day calendar period to regain compliance or be subject to delisting. To qualify for the additional time, the Company will be required to meet the continued listing requirements for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement. In addition, the Company will be required to notify Nasdaq of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary.

     

    The Nasdaq notification letter will have no effect on the Company’s business operations, and the Company will take all reasonable measures to regain compliance. However, there can be no assurance that the Company will be able to regain compliance.

     

    On January 18, 2025 (China time), the Company issued a press release regarding the deficiency. A copy of the press release is attached hereto as Exhibit 99.1.

     

    Neither this report nor the exhibits constitute an offer to sell, or the solicitation of an offer to buy our securities, nor shall there be any sale of our securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

     

    The information in this Form 6-K, including the exhibits shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

     

    1

     

     

    Exhibit Index

     

    Exhibit No.   Description
    Exhibit 99.1   Press Release

     

    2

     

     

    SIGNATURE

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

     

      Jianzhi Education Technology Group Company Limited
         
      By: /s/ Yong Hu
      Name:  Yong Hu
      Title: Director and Chief Executive Officer
         
    Date: January 17, 2025    

     

     

    3

     

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