Baosheng Media Group Holdings Limited Receives Nasdaq Notice Regarding Minimum Bid Price Deficiency
Baosheng faces a Nasdaq bid-price deficiency and has up to 180 days, with possible extension, to restore compliance and avoid delisting risk.
Rhea-AI Summary
Baosheng Media Group Holdings (BAOS) has received a Nasdaq notice that its ordinary shares no longer meet the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market.
The non-compliance is based on the closing bid price over July 27–September 9, 2026. The shares remain listed for now, and Baosheng has 180 calendar days from the September 10, 2026 notice, until March 9, 2027, to regain compliance. Regaining compliance requires the closing bid to be at or above $1.00 for at least 10 consecutive business days, subject to Nasdaq staff discretion. The company may implement a reverse stock split and could qualify for an additional 180-day period if specific Nasdaq listing standards are met.
Positive
- Nasdaq notice has no immediate effect on Baosheng’s listing status
- Company has an initial 180-day period, until March 9, 2027, to regain compliance
- Potential for an additional 180-day compliance period if other listing standards are met
Negative
- Shares fell below Nasdaq’s $1.00 minimum bid price for 30 consecutive business days
- Baosheng’s securities may face Nasdaq delisting if compliance is not restored
- Company may need a reverse stock split completed at least 10 business days before March 9, 2027
- Company states there is no assurance it will regain or maintain Nasdaq compliance
News Explained
If Baosheng uses a reverse stock split, it would reduce the number of ordinary shares and proportionally raise the per-share price without changing company value from the split itself; the release describes this as a possible future step to regain Nasdaq compliance, not a completed transaction.
Key Figures
- Minimum bid price
- $1.00 per Ordinary Share
- Nasdaq continued-listing requirement
- Review period
- 30 consecutive business days
- July 27, 2026 to September 9, 2026
- Initial compliance period
- 180 calendar days
- Through March 9, 2027
- Required bid-price duration
- 10 consecutive business days
- Minimum period to regain compliance, subject to Staff discretion
- Reverse split deadline
- 10 business days prior to March 9, 2027
- Deadline if the Company implements a reverse stock split
Key Terms
reverse stock split financial
delisting regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
BEIJING, Sept. 15, 2026 (GLOBE NEWSWIRE) -- Baosheng Media Group Holdings Limited (NASDAQ: BAOS) (“Baosheng” or the “Company”) today announced that on September 10, 2026, it received a deficiency letter (the “Notice”) from the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”). The Notice informed the Company that, based upon the closing bid price of the Company’s ordinary shares (the “Ordinary Shares”) over the 30 consecutive business day period between July 27, 2026 and September 9, 2026, the Company is not in compliance with the requirement to maintain a minimum bid price of
The Notice has no immediate effect on the continued listing status of the Ordinary Shares on The Nasdaq Capital Market. The Company has been provided a compliance period of 180 calendar days from the date of the Notice, or until March 9, 2027, to regain compliance pursuant to Nasdaq Listing Rule 5810(c)(3)(A). If at any time before March 9, 2027, the closing bid price of the Ordinary Shares reaches or exceeds
If the Company does not regain compliance with the Minimum Bid Price Requirement during the initial 180-calendar-day period, the Company may be eligible for an additional compliance period. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company meets these requirements, Nasdaq will inform the Company that it has been granted an additional 180 calendar days. However, if it appears to the Staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that the Company’s securities will be subject to delisting.
The Company intends to actively monitor the closing bid price of the Ordinary Shares and will evaluate available options to regain compliance with the Minimum Bid Price Requirement. However, there can be no assurance that the Company will regain compliance during the initial 180-day compliance period, secure a second compliance period or maintain compliance with the other Nasdaq Listing Rules.
About Baosheng Media Group Holdings Limited (NASDAQ: BAOS)
Baosheng is a native performance-marketing solutions provider focused on short-form video and social-media platforms. The Company is continuing its transition toward an AI-powered short-form video marketing technology platform. Through its proposed BAOS-AI platform, the Company is developing core capabilities in content generation, intelligent media placement, digital-human livestreaming, intelligent user insights, and AI-enabled overseas marketing. Baosheng Group aims to establish itself as a differentiated, vertically focused AI marketing technology company for short-form video within the U.S. public-equity market.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the U.S. Securities and Exchange Commission.
Investor Relations Contact Celestia Investor Relations Dave Leung Email: investors@celestiair.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What specific period did Nasdaq use to determine Baosheng’s bid price deficiency?
The deficiency determination is based on the closing bid price of Baosheng’s ordinary shares over the 30 consecutive business days from July 27, 2026 to September 9, 2026, during which the shares did not meet the $1.00 minimum bid price requirement.
What must happen for Baosheng to regain compliance with Nasdaq’s minimum bid price rule?
To regain compliance, the closing bid price of Baosheng’s ordinary shares must reach or exceed $1.00 per share for a minimum of 10 consecutive business days at any time before March 9, 2027, although Nasdaq staff may require a longer period before confirming compliance in writing.
Under what conditions can Baosheng receive an additional 180-day compliance period from Nasdaq?
If Baosheng does not regain compliance during the initial 180-day period, it may receive an additional 180 days if it meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, except for the minimum bid price. The company must also give written notice of its intention to cure the deficiency in the second period, including by effecting a reverse stock split, if necessary.
What are the reverse stock split timing requirements mentioned for Baosheng?
If Baosheng decides to implement a reverse stock split to help cure the deficiency, the company must complete the split no later than ten business days before March 9, 2027 in order for it to count toward regaining compliance within the current timeline.
What does Baosheng say it plans to do in response to the Nasdaq notice?
The company intends to actively monitor the closing bid price of its ordinary shares and to evaluate available options to regain compliance with the minimum bid price requirement, while cautioning that there can be no assurance it will restore or maintain compliance.