DelistingJul 15, 2026, 09:02 AM
Cheche Group Gets 180-Day Nasdaq Extension for Bid Price
AI Summary
Cheche Group Inc. announced it has received an additional 180-calendar day extension from Nasdaq to regain compliance with the minimum closing bid price requirement of US$1.00 per share. The new deadline for compliance is January 11, 2027, following the expiration of the initial 180-day period on July 13, 2026. If the company fails to meet the requirement by the extended deadline, it may face delisting from Nasdaq.
Key Highlights
- Cheche Group Inc. received an additional 180-day extension from Nasdaq.
- Extension granted to regain compliance with the US$1.00 minimum bid price rule.
- New compliance deadline is January 11, 2027.
- Initial 180-day compliance period expired on July 13, 2026.
- Compliance requires stock to close at or above US$1.00 for 10-20 consecutive business days.
- Failure to comply by the deadline may result in delisting from Nasdaq.
Price Impact
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