RegulatoryJul 13, 2026, 07:07 AM
Gamehaus Holdings Receives Nasdaq Minimum Bid Price Notice
AI Summary
Gamehaus Holdings Inc. announced it received a notification from Nasdaq on July 10, 2026, stating that its Class A ordinary shares had traded below the minimum bid price of US$1.00 for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). The company has been granted a 180-calendar-day compliance period, until January 6, 2027, to regain compliance. The notice does not immediately affect the listing or trading of its shares, and Gamehaus intends to monitor its share price and consider options to regain compliance.
Key Highlights
- Received Nasdaq notification on July 10, 2026, regarding minimum bid price.
- Closing bid price of Class A ordinary shares was below US$1.00 for 30 consecutive business days.
- Violates Nasdaq Listing Rule 5550(a)(2).
- Granted 180 calendar day compliance period until January 6, 2027.
- Must regain compliance by maintaining a US$1.00 bid price for 10 consecutive days.
- May be eligible for an additional 180-day compliance period if certain conditions are met.
- The notice has no immediate effect on the listing or trading of shares.
Price Impact
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