RegulatorySep 15, 2026, 04:33 PM
Baosheng Media Group Receives Nasdaq Minimum Bid Price Deficiency Notice
AI Summary
Baosheng Media Group Holdings Ltd (NASDAQ: BAOS) announced on September 15, 2026, that it received a deficiency letter from Nasdaq on September 10, 2026. The company is not in compliance with the minimum bid price requirement of $1.00 per share, as its stock price has been below this threshold for 30 consecutive business days. Baosheng has been granted a 180-day compliance period, until March 9, 2027, to regain compliance. The company may explore options, including a reverse stock split, to meet the requirement.
Key Highlights
- Baosheng Media Group Holdings Ltd received a Nasdaq deficiency notice on September 10, 2026.
- The notice cited a non-compliance with the minimum bid price requirement of $1.00 per share.
- The company has 180 days, until March 9, 2027, to regain compliance.
- Compliance can be achieved if the bid price reaches or exceeds $1.00 for 10 consecutive business days.
- A reverse stock split may be considered to regain compliance, but must be completed 10 business days before March 9, 2027.
Price Impact
More from BAOS