RegulatoryJul 23, 2026, 06:01 AM
Viomi Technology Receives Nasdaq Minimum Bid Price Non-Compliance Notice
AI Summary
Viomi Technology Co., Ltd. announced it received a written notification from Nasdaq on July 22, 2026, indicating non-compliance with the minimum bid price requirement. The company's American Depositary Shares (ADSs) traded below US$1.00 for 30 consecutive business days. Viomi has been granted a 180-calendar-day period, until January 19, 2027, to regain compliance. The company stated this notification does not affect its business operations and it plans to take all reasonable measures to meet the requirement.
Key Highlights
- Viomi Technology received a Nasdaq notification on July 22, 2026.
- The company's ADS closing bid price was below US$1.00 for 30 consecutive business days.
- This violates Nasdaq Listing Rule 5450(a)(1) minimum bid price requirement.
- Viomi has a 180-calendar-day compliance period until January 19, 2027.
- Compliance can be regained if the bid price is US$1.00+ for 10 consecutive business days.
- The company will take reasonable measures to regain compliance.
Price Impact
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