RegulatoryJul 14, 2026, 06:26 AM
Jinxin Technology Regains Nasdaq Minimum Bid Price Compliance
AI Summary
Jinxin Technology Holding Company announced it has regained compliance with Nasdaq's minimum bid price requirement. The company received a notification on July 13, 2026, confirming it met Nasdaq Listing Rule 5550(a)(2). This resolves a previous deficiency notice from January 29, 2026, which stated the company's American depositary shares had traded below US$1.00 for 30 consecutive business days. Jinxin achieved compliance by maintaining a closing bid price at or above US$1.00 for 10 consecutive business days between June 26 and July 10, 2026, leading Nasdaq to close the matter.
Key Highlights
- Jinxin Technology Holding Company regained compliance with Nasdaq Listing Rule 5550(a)(2).
- Received notification on July 13, 2026, from Nasdaq's Listing Qualifications Department.
- Previously received a non-compliance notice on January 29, 2026.
- Deficiency was due to the closing bid price being below US$1.00 for 30 consecutive business days.
- Company had 180 calendar days, until July 28, 2026, to regain compliance.
- Achieved a closing bid price at or above US$1.00 for 10 consecutive business days from June 26 to July 10, 2026.
- Nasdaq has officially closed the minimum bid price deficiency matter.
Price Impact
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