RegulatoryApr 14, 2026, 04:21 PM
Addentax Regains Nasdaq Compliance with $1.00 Bid Price Rule
AI Summary
Addentax Group Corp. announced it has regained compliance with Nasdaq's minimum bid price requirement. The company received written notice from Nasdaq's Listing Qualifications Staff on April 14, 2026, confirming that its common stock maintained a closing bid price of $1.00 or greater for 10 consecutive business days. This period spanned from March 30 through April 13, 2026, satisfying Nasdaq Listing Rule 5550(a)(2), and the matter is now considered closed.
Key Highlights
- Addentax Group Corp. received Nasdaq compliance notice on April 14, 2026.
- Regained compliance with Nasdaq Listing Rule 5550(a)(2).
- Common stock maintained a closing bid price of $1.00 or greater.
- Compliance achieved over 10 consecutive business days from March 30 to April 13, 2026.
Price Impact
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