RegulatoryMay 20, 2026, 04:18 PM
Mint Incorporation Regains Nasdaq Minimum Bid Price Compliance
AI Summary
Mint Incorporation Limited announced it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. The company received formal notification from Nasdaq on May 20, 2026, confirming its Class A ordinary shares maintained a closing bid price at or above $1.00 for 10 consecutive business days. This resolves the prior deficiency notice issued on December 19, 2025, well ahead of the June 17, 2026 deadline.
Key Highlights
- Mint Incorporation Limited regained compliance with Nasdaq Listing Rule 5550(a)(2).
- The company received formal notification from Nasdaq on May 20, 2026.
- Compliance was achieved by maintaining a closing bid price of $1.00 or more.
- This was sustained for 10 consecutive business days, from May 6 to May 19, 2026.
- The company was previously notified of non-compliance on December 19, 2025.
- The compliance period granted was 180 calendar days, until June 17, 2026.
- The prior minimum bid price deficiency matter is now closed.
Price Impact
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