RegulatoryMay 29, 2026, 10:18 AM
Robo.ai Regains Nasdaq Minimum Bid Price Compliance
AI Summary
Robo.ai Inc. announced it has regained compliance with the Nasdaq minimum bid price requirement. The company received a letter from Nasdaq dated May 28, 2026, confirming its compliance with Listing Rule 5550(a)(2). This follows a previous notification on December 10, 2025, when its Class B ordinary shares traded below $1.00 for 30 consecutive business days.
Key Highlights
- Robo.ai Inc. received a letter from Nasdaq on May 28, 2026.
- The letter confirmed the company regained compliance with Listing Rule 5550(a)(2).
- Previously, Robo.ai was non-compliant due to its Class B ordinary shares trading below $1.00.
- The initial non-compliance notice was issued on December 10, 2025.
Price Impact
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