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RegulatoryJul 31, 2026, 07:49 AM

J-Star Regains Nasdaq Compliance, Remains Listed

AI Summary

J-Star Holding Co., Ltd. announced it has regained compliance with Nasdaq Listing Rule 5550(a)(2), the minimum bid price requirement for continued listing on The Nasdaq Capital Market. The Nasdaq Hearings Panel issued a written decision confirming compliance after the company's ordinary shares maintained a closing bid price of at least $1.00 for the required 10 consecutive trading sessions. As a result, J-Star remains listed on Nasdaq, and management is now focused on executing its business plan, including advancing battery materials initiatives and expanding manufacturing capabilities.

Key Highlights

  • Regained compliance with Nasdaq Listing Rule 5550(a)(2) minimum bid price.
  • Nasdaq Hearings Panel issued a written decision confirming compliance.
  • Compliance confirmed after shares maintained $1.00+ bid price for 10 consecutive sessions.
  • Company remains listed on The Nasdaq Capital Market under ticker "YMAT".
  • CEO Jonathan Chiang highlighted strategic roadmap for long-term growth.
  • Plans include advancing battery materials and expanding manufacturing capabilities.