RegulatoryJul 8, 2026, 04:14 PM
Lianhe Sowell Regains Nasdaq Minimum Bid Price Compliance
AI Summary
Lianhe Sowell International Group Ltd announced it has regained compliance with Nasdaq's minimum bid price requirement. The company received a notice on July 7, 2026, confirming that its Class A ordinary shares maintained a closing bid price of $1.00 or greater for 10 consecutive business days. This resolves the non-compliance issue first reported on January 22, 2026, which stemmed from the share price falling below $1.00 for a sustained period.
Key Highlights
- Lianhe Sowell received notice on July 7, 2026, confirming compliance.
- Regained compliance with Nasdaq Rule 5550(a)(2) Minimum Bid Price Requirement.
- Previously received non-compliance notice on January 22, 2026.
- Closing bid price was below $1.00 from December 4, 2025, to January 21, 2026.
- Had until July 21, 2026, to regain compliance.
- Closing bid price was $1.00 or greater for 10 consecutive business days from June 22 to July 6, 2026.
Price Impact
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