RegulatoryMay 7, 2026, 06:17 AM
Real Messenger Regains Nasdaq Minimum Bid Price Compliance
AI Summary
Real Messenger Corporation announced it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share. The company received formal notification from Nasdaq on May 6, 2026, confirming that its class A ordinary shares maintained a closing bid price at or above $1.00 for 10 consecutive business days from April 22, 2026, to May 5, 2026. This closes the prior deficiency matter, which was initially disclosed on March 16, 2026, after the stock traded below $1 for 30 consecutive business days.
Key Highlights
- Real Messenger Corporation regained compliance with Nasdaq Listing Rule 5550(a)(2).
- The Nasdaq rule requires listed securities to maintain a minimum bid price of $1.00 per share.
- The company received formal notification from Nasdaq on May 6, 2026.
- Its class A ordinary shares maintained a closing bid price at or above $1.00 for 10 consecutive business days from April 22, 2026, to May 5, 2026.
- Real Messenger was previously notified of non-compliance on March 13, 2026.
- The prior deficiency was due to the bid price being below $1 for 30 consecutive business days (January 29 to March 12, 2026).
- The minimum bid price deficiency matter is now closed.
Price Impact
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