Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
16 November 2023 - 8:05AM
Edgar (US Regulatory)
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 November
2023
Commission File Number: 001-40543
Pop Culture Group Co.,
Ltd
3rd Floor, No. 168 Fengqi Road,
Jimei District, Xiamen
City, Fujian Province
The People’s
Republic of China
(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 ☐
Receipt of Nasdaq Notification
Regarding Compliance with Nasdaq Minimum Bid Price Requirement
As previously disclosed, Pop Culture Group Co.,
Ltd, an exempted company with limited liability formed in the Cayman Islands (the “Company”), received a deficiency letter
from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) on November
17, 2022, indicating that the Company was not in compliance with Nasdaq Rule 5450(a)(1) (the “Bid Price Rule”), as the closing
bid price for the Company’s Class A ordinary shares had been below $1.00 per share for the preceding 30 consecutive business days.
In accordance with the Nasdaq Listing Rules, the Company was provided two 180-day compliance periods, or until November 13, 2023, to regain
compliance with the Bid Price Rule.
On November 10, 2023, the Company received a written
notification from the Staff of Nasdaq, noting that the Company evidenced a closing bid price of its Class A ordinary shares at or greater
than the $1.00 per share minimum requirement for the preceding 10 consecutive business days, from October 27, 2023 through November 9,
2023, and informing the Company that it had regained compliance with Nasdaq Rule 5550(a)(2) and the matter was closed.
SIGNATURES
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.
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Pop Culture Group Co., Ltd |
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Date: November 15, 2023 |
By: |
/s/ Zhuoqin Huang |
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Name: |
Zhuoqin Huang |
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Title: |
Chief Executive Officer |
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