RegulatoryAug 5, 2026, 05:04 PM
NaaS Technology Regains Nasdaq MVLS Compliance
AI Summary
NaaS Technology Inc. announced it has regained compliance with Nasdaq's minimum market value of listed securities (MVLS) requirement, as per Nasdaq Listing Rule 5550(b)(2). The company received a letter from the Nasdaq Listing Qualifications Department on August 4, 2026, confirming its MVLS was US$35 million or greater for 20 consecutive business days, from July 7 through August 3, 2026. This closes the matter that was previously reported on February 20, 2026, when the company was notified of non-compliance.
Key Highlights
- NaaS Technology Inc. regained compliance with Nasdaq Listing Rule 5550(b)(2).
- The company's market value of listed securities (MVLS) was US$35 million or greater.
- Compliance was maintained for 20 consecutive business days, from July 7 through August 3, 2026.
- Nasdaq previously notified the company of non-compliance on February 17, 2026.
- The matter regarding the MVLS requirement is now closed by Nasdaq.
Price Impact
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