 Gridsum Holding Inc. Gridsum or the Company NASDAQ:GSUM, a leading provider of cloud-based big-data analytics and artificial intelligence AI solutions in China, today announced that on April 17, 2020, it received a letter the Nasdaq Letter from the Listing Qualifications Department of The Nasdaq Stock Market Nasdaq, indicating that for the last thirty consecutive business days, the bid price for the Companys American depositary shares the ADSs, each representing one Class B ordinary share of the Company, had closed below the minimum 1.00 per ADS required for continued listing under Nasdaq Listing Rule 5550a2. 