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Xiao-I Corporation Announces Receipt of Nasdaq Listing Deficiency Notices

(Positive)
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Xiao-I Corporation (NASDAQ:AIXI) received two Nasdaq listing deficiency notices in December 2025: a minimum bid price deficiency for ADSs trading below $1.00 for 30 consecutive business days (Nov 3–Dec 15, 2025) and a MVPHS deficiency for publicly held shares below $15.0 million for 30 consecutive business days (Nov 4–Dec 16, 2025).

Nasdaq granted separate 180-calendar-day compliance periods—expiring June 16, 2026 (bid price) and June 15, 2026 (MVPHS). The notices do not affect current listing or trading. The company plans to evaluate options to regain compliance but stated there is no assurance of success.

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Positive

  • Nasdaq granted 180-day compliance periods
  • Listing and trading remain unaffected pending compliance

Negative

  • ADS closing bid below $1.00 for 30 consecutive business days
  • Market value of publicly held shares below $15.0M for 30 consecutive business days
  • Compliance deadlines on June 15–16, 2026 with possible delisting risk

News Market Reaction – AIXI

+1.53%
3 alerts
+1.53% Session close to close
-3.3% Trough Tracked
$5.55M Market Cap
0.7x Rel. Volume

In the Dec 24 session, AIXI gained 1.53%, reflecting a mild positive market reaction. Argus tracked a trough of -3.3% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement details Nasdaq deficiency notices for minimum bid price and Market Value of Public...
Analysis

This announcement details Nasdaq deficiency notices for minimum bid price and Market Value of Publicly Held Shares, each with 180-day compliance periods extending into mid-2026. It highlights that trading of the American Depositary Shares continues while the company evaluates options to regain compliance. In context of a market cap of about $6.34 million and trading near the $0.4529 52-week low, investors may focus on compliance progress and any related corporate actions or financing updates.

Key Figures

Minimum bid price: $1.00 per share MVPHS requirement: $15.0 million Bid price compliance window: 180 calendar days +5 more
8 metrics
Minimum bid price $1.00 per share Nasdaq Listing Rule 5450(a)(1) requirement
MVPHS requirement $15.0 million Nasdaq Listing Rule 5450(b)(3)(C) minimum Market Value of Publicly Held Shares
Bid price compliance window 180 calendar days Compliance period expiring on June 16, 2026
MVPHS compliance window 180 calendar days Compliance period expiring on June 15, 2026
Conversion notes face value $6.128 million Aggregate face value of 12-month convertible notes (6-K, Jun 20, 2025)
Cash proceeds from notes $5.610 million Gross cash proceeds from convertible notes (6-K, Jun 20, 2025)
Note interest rate 6% annually Base interest on convertible promissory notes
Public float $45.7 million Public float from 424B5 based on 36,353,875 shares and $3.77 ADS price

Historical Context

5 past events · Latest: Nov 21 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Nov 21 Partnership renewal Positive +28.5% Renewal of cognitive AI services contract with major Sino-European automaker.
Oct 31 Partnership renewal Positive -5.3% Renewed AI platform partnership with leading multinational life insurer.
Sep 29 Partnership renewal Positive -9.4% Extended decade-long AI partnership with major automotive manufacturer.
Sep 17 Partnership renewal Positive +3.8% Renewed global bank partnership using iBot Pro for digital banking support.
Sep 09 Partnership renewal Positive +12.8% Fifth consecutive year partnership with leading Asian apparel retailer.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent partnership renewals often saw positive reactions, but with some instances of sell-the-news divergence.

Recent Company History

Over the past few months, Xiao-I has focused on renewing major AI-driven partnerships across banking, automotive, insurance, and retail. From Sep 9 through Nov 21, 2025, multiple contract renewals around its iBot Pro platform produced mixed market reactions, including moves of +28.51%, +12.83%, and declines after otherwise positive news. Today’s Nasdaq deficiency notices contrast with that fundamentally oriented partnership stream and arrive as the stock trades near its 52-week low, potentially shifting investor focus from commercial traction to listing and compliance risk.

Key Terms

american depositary shares, nasdaq listing rule 5450(a)(1), market value of publicly held shares
3 terms
american depositary shares financial
"no immediate effect on the listing or trading of the Company's American Depositary Shares"
American depositary shares (ADSs) are a way for investors in the United States to buy shares of foreign companies without dealing with international markets directly. They represent ownership in a foreign company's stock and are traded on U.S. stock exchanges, making it easier for American investors to buy, sell, and own parts of companies from around the world.
nasdaq listing rule 5450(a)(1) regulatory
"minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1)"
Nasdaq Listing Rule 5450(a)(1) is a continued-listing standard that sets a minimum share price companies must maintain to remain listed on the Nasdaq market—commonly a $1.00 per-share threshold. Investors care because falling below that floor can trigger a compliance review and possible delisting, which is like failing a minimum grade and losing access to the public market; delisting can reduce liquidity, visibility and the ability to raise capital.
market value of publicly held shares financial
"does not currently satisfy the minimum Market Value of Publicly Held Shares ("MVPHS") requirement"
The market value of publicly held shares is the total dollar worth of a company’s shares that are available to outside investors, calculated by multiplying the current market price by the number of shares held by the public (the “float”). It matters because it tells investors how much of the company is actually tradable and how the market is pricing that tradable portion—like a price tag on the items on a store shelf, it affects liquidity, volatility and how easy it is to buy or sell a meaningful stake.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SHANGHAI, Dec. 23, 2025 /PRNewswire/ -- Xiao-I Corporation (NASDAQ: AIXI) (the "Company") today announced that it has received two written notifications from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is not in compliance with certain continued listing requirements for The Nasdaq Global Market.

Minimum Bid Price Deficiency

On December 16, 2025, the Company received a notice from Nasdaq stating that the Company does not currently satisfy the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1), which requires a minimum closing bid price of $1.00 per share.

The notice was based on the Company's American Depositary Shares having a closing bid price below $1.00 per share for 30 consecutive business days from November 3, 2025 through December 15, 2025. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided a 180-calendar-day compliance period, expiring on June 16, 2026, to regain compliance. If at any time during this period the closing bid price of the Company's securities is at least $1.00 per share for a minimum of ten consecutive business days, Nasdaq will provide written confirmation that the Company has regained compliance.

Market Value of Publicly Held Shares Deficiency

On December 17, 2025, the Company received a second notice from Nasdaq stating that the Company does not currently satisfy the minimum Market Value of Publicly Held Shares ("MVPHS") requirement set forth in Nasdaq Listing Rule 5450(b)(3)(C), which requires MVPHS of at least $15.0 million.

Nasdaq determined that, based on the Company's MVPHS for 30 consecutive business days from November 4, 2025 through December 16, 2025, the Company no longer met this requirement. In accordance with Nasdaq Listing Rule 5810(c)(3)(D), the Company has been provided a 180-calendar-day compliance period, expiring on June 15, 2026, to regain compliance. If during this period the Company's MVPHS closes at $15.0 million or more for a minimum of ten consecutive business days, Nasdaq will confirm that the Company has regained compliance.

Status and Next Steps

The Nasdaq notices have no immediate effect on the listing or trading of the Company's American Depositary Shares on The Nasdaq Global Market. The Company intends to assess its current compliance status and develop and evaluate potential plans to regain compliance with the applicable Nasdaq listing requirements within the prescribed compliance periods. While there can be no assurance that the Company will be able to regain compliance with either listing requirement or that Nasdaq will grant any additional compliance periods, the Company believes it has a range of potential options available and remains committed to working diligently toward regaining compliance.

Cision View original content:https://www.prnewswire.com/news-releases/xiao-i-corporation-announces-receipt-of-nasdaq-listing-deficiency-notices-302648773.html

SOURCE Xiao-I Corporation

FAQ

What Nasdaq deficiencies did Xiao-I Corporation (AIXI) receive on December 2025?

Xiao-I received notices for a minimum bid price deficiency (ADSs below $1.00) and a MVPHS deficiency (public float below $15.0M).

How long is the Nasdaq compliance period for AIXI's December 2025 notices?

Nasdaq provided separate 180-calendar-day compliance periods expiring June 16, 2026 (bid price) and June 15, 2026 (MVPHS).

Does the Nasdaq notice immediately affect AIXI's Nasdaq listing or trading?

No. The notices have no immediate effect on listing or trading of AIXI American Depositary Shares.

What must AIXI achieve to regain Nasdaq compliance for the minimum bid price?

The ADS closing bid must be at least $1.00 for a minimum of 10 consecutive business days during the compliance period.

What must AIXI achieve to regain Nasdaq compliance for MVPHS?

The company's market value of publicly held shares must close at $15.0 million or more for at least 10 consecutive business days during the compliance period.

What risk does AIXI face if it fails to regain compliance by June 2026?

If AIXI does not regain compliance and Nasdaq does not grant additional relief, the company faces potential delisting from The Nasdaq Global Market.