Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
February 14 2024 - 6:08AM
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 February 2024
Commission File Number 001-38737
TuanChe Limited
(Exact name of registrant as specified
in its charter)
9F, Ruihai Building, No. 21 Yangfangdian
Road
Haidian District
Beijing 100038, People’s Republic
of China
(86-10) 6399-8902
(Address of principal executive office)
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 x
Form 40-F ¨
EXPLANATORY NOTE
The Form 6-K and the exhibit to the Form 6-K, including
any amendment and report filed for the purpose of updating such document, are incorporated by reference into the registration statement
on Form F-3 of TuanChe Limited (File No. 333-264942), and shall be a part thereof from the date on which the Form 6-K is furnished, to
the extent not superseded by documents or reports subsequently filed or furnished.
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
hereunto duly authorized.
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TuanChe Limited |
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Date: |
February 14, 2024 |
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By: |
/s/ Simon Li |
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Name: |
Simon Li |
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Title: |
Chief Financial Officer |
EXHIBIT INDEX
Exhibit 99.1
TuanChe Has Regained Compliance with Nasdaq's
Minimum Bid Price Requirement
BEIJING, Feb. 12, 2024 /PRNewswire/ -- TuanChe Limited ("TuanChe"
or the "Company") (NASDAQ: TC), a leading integrated automotive marketplace in China, today announced that it has received a
notification letter (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stock Market Inc. ("Nasdaq")
dated February 9, 2024, informing the Company that it has regained compliance with the Nasdaq Listing Rule 5550(a)(2) (the
"Minimum Bid Price Requirement").
As previously announced, TuanChe received a notification letter (the
"Deficiency Notice") from the Nasdaq dated February 17, 2023 indicating that the closing bid price for the Company's
American depositary shares (the "ADSs") was below the minimum bid price of $1.00 required for continued listing under
the Nasdaq Listing Rule 5550(a)(2) for 30 consecutive business days. According to the Deficiency Notice, if at any time during
the 180-day compliance period, the closing bid price of the Company's ADSs is at least $1.00 for a minimum of ten
consecutive business days, the Nasdaq will provide the Company written confirmation of compliance and the matter will be closed. According
to the Compliance Notice, the closing bid price of the Company's ADSs has been at $1.00 per ADS or greater for 10 consecutive business
days from January 26 through February 8, 2024. Accordingly, the Company has regained compliance with the Minimum Bid Price Requirement,
and the matter is closed.
About TuanChe
Founded in 2010, TuanChe Limited (NASDAQ: TC) is a leading integrated
automotive marketplace in China. TuanChe offers services to connect automotive consumers with various industry players such as automakers,
dealers and other automotive service providers. TuanChe provides automotive marketing and transaction related services by integrating
its online platforms with offline sales events. Through its integrated marketing solutions, TuanChe turns individual and isolated automobile
purchase transactions into large-scale collective purchase activities by creating an interactive many-to-many environment. Furthermore,
leveraging its proprietary data analytics and advanced digital marketing system, TuanChe's online marketing service platform helps industry
customers increase the efficiency and effectiveness of their advertising placements.
For more information, please contact ir@tuanche.com.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning
of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform
Act of 1995. These forward-looking statements include, without limitation, the Company's business plans and development and business outlook,
which can be identified by terminology such as "may," "will," "expect," "anticipate," "aim,"
"estimate," "intend," "plan," "believe," "potential," "continue," "is/are
likely to" or other similar expressions. Such statements are based upon management's current expectations and current market and
operating conditions, and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult
to predict and many of which are beyond the Company's control. Further information regarding these and other risks, uncertainties or factors
is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to
update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
For investor and media inquiries, please contact:
TuanChe Limited
Investor Relations
Tel: +86 (10) 6397-6232
Email: ir@tuanche.com
Piacente Financial
Communications
Brandi Piacente
Tel: +1 (212) 481-2050
Email: tuanche@tpg-ir.com
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