Origin Agritech Receives Nasdaq Bid Price Deficiency Notice
Origin Agritech Limited received a notice from Nasdaq on October 27, 2026, indicating its ordinary shares have fallen below the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market. The company has 180 days, until April 26, 2027, to regain compliance by having its share price meet or exceed $1.00 for at least 10 consecutive business days. Origin Agritech is exploring options to achieve compliance, which may include a reverse stock split, and acknowledges there is no guarantee of success.
Key Highlights
- Origin Agritech received a Nasdaq notice on Oct 27, 2026, regarding minimum bid price below $1.00 for 30 consecutive days.
- The company has a 180-day compliance period until April 26, 2027, to regain compliance.
- Compliance requires the closing bid price to be at least $1.00 for a minimum of 10 consecutive business days.
- An additional 180-day compliance period may be available if the company meets other listing requirements and plans a reverse stock split.
- The company is considering options to regain compliance, including a potential reverse stock split.
Price Impact
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