RegulatoryJun 29, 2026, 09:02 AM
Wetour Robotics Regains Nasdaq Bid Price Compliance
AI Summary
Wetour Robotics Limited announced it has regained compliance with Nasdaq's minimum bid price requirement. The company received a notification from Nasdaq on June 23, 2026, confirming that its ordinary shares maintained a closing bid price of $1.00 or more for 10 consecutive business days. This compliance was achieved within the original 180-day period and without the need for a share consolidation, allowing the company to continue focusing on its Orchestra Physical AI commercial execution.
Key Highlights
- Wetour Robotics regained compliance with Nasdaq's minimum bid price requirement.
- The company received a deficiency letter from Nasdaq on December 30, 2025.
- Compliance was achieved within the original 180-day period, ending June 29, 2026.
- The closing bid price was at or above $1.00 for 10 consecutive business days (June 8-22, 2026).
- Compliance was regained without effecting a share consolidation.
- The board deferred the previously authorized one-for-ten share consolidation.
Price Impact
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