Bit Origin Receives 180-Day Extension from Nasdaq to Regain Compliance with Minimum Bid Price Requirement
Bit Origin (NASDAQ: BTOG) has received a 180-day extension from Nasdaq to regain compliance with the minimum bid price requirement. The company now has until February 16, 2026, to meet the $1.00 per share minimum bid price requirement after failing to maintain this threshold over the preceding 30 consecutive business days.
To maintain its Nasdaq Capital Market listing, BTOG must achieve a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days during the compliance period. The company has indicated it may implement a reverse stock split if necessary to cure the deficiency. If compliance is not achieved by the deadline, BTOG will face potential delisting but will have the right to appeal to a Nasdaq Hearings Panel.
Bit Origin (NASDAQ: BTOG) ha ottenuto un'estensione di 180 giorni da Nasdaq per riallinearsi al requisito minimo del prezzo di offerta. La società ha ora tempo fino al 16 febbraio 2026 per riportare il prezzo di offerta almeno a $1,00 per azione, dopo non aver mantenuto questa soglia per 30 giorni lavorativi consecutivi.
Per conservare la quotazione sul Nasdaq Capital Market, BTOG deve raggiungere un prezzo di chiusura di almeno $1,00 per azione per almeno dieci giorni lavorativi consecutivi durante il periodo di conformità. La società ha indicato che potrebbe ricorrere a un raggruppamento azionario (reverse split) se necessario per colmare la carenza. Se la conformità non verrà raggiunta entro la scadenza, BTOG rischierà la cancellazione dalla quotazione, pur avendo il diritto di fare appello a un Nasdaq Hearings Panel.
Bit Origin (NASDAQ: BTOG) ha recibido una prórroga de 180 días por parte de Nasdaq para volver a cumplir con el requisito mínimo del precio de oferta. La compañía dispone ahora hasta el 16 de febrero de 2026 para alcanzar el precio mínimo de $1.00 por acción, tras no haber mantenido ese umbral durante 30 días hábiles consecutivos.
Para mantener su cotización en el Nasdaq Capital Market, BTOG debe lograr un precio de cierre de al menos $1.00 por acción durante un mínimo de diez días hábiles consecutivos durante el periodo de cumplimiento. La empresa ha indicado que podría llevar a cabo una consolidación de acciones (reverse stock split) si fuera necesario para subsanar la deficiencia. Si no se logra la conformidad antes del plazo, BTOG podría ser excluida de la cotización, aunque tendría derecho a apelar ante un Nasdaq Hearings Panel.
Bit Origin (NASDAQ: BTOG)는 최저 입찰가 요건을 회복하기 위해 나스닥으로부터 180일 연장을 받았습니다. 회사는 이제 2026년 2월 16일까지 주당 최소 $1.00의 입찰가 요건을 충족해야 합니다. 이는 이전 30거래일 연속으로 이 기준을 유지하지 못했기 때문입니다.
나스닥 캐피털 마켓 상장을 유지하려면 BTOG는 준수 기간 동안 최소 10거래일 연속으로 주당 $1.00 이상의 종가를 달성해야 합니다. 회사는 필요시 결손을 해소하기 위해 액면병합(리버스 스플릿)을 시행할 수 있다고 밝혔습니다. 기한까지 준수가 이루어지지 않으면 BTOG는 상장폐지 위험에 직면하지만, 나스닥 심리위원회(Nasdaq Hearings Panel)에 항소할 권리는 보유합니다.
Bit Origin (NASDAQ: BTOG) a obtenu une prolongation de 180 jours de la part du Nasdaq pour retrouver la conformité au critère de prix d'offre minimum. La société dispose désormais jusqu'au 16 février 2026 pour atteindre le prix minimum de 1,00 $ par action, après ne pas avoir maintenu ce seuil pendant 30 jours ouvrables consécutifs.
Pour conserver sa cotation sur le Nasdaq Capital Market, BTOG doit réaliser un cours de clôture d'au moins 1,00 $ par action pendant au moins dix jours ouvrables consécutifs au cours de la période de conformité. La société a indiqué qu'elle pourrait procéder, si nécessaire, à un regroupement d'actions (reverse stock split) pour remédier à la défaillance. Si la conformité n'est pas atteinte avant la date limite, BTOG s'exposera à une radiation, tout en ayant le droit de faire appel devant un Nasdaq Hearings Panel.
Bit Origin (NASDAQ: BTOG) hat von der Nasdaq eine 180-tägige Verlängerung erhalten, um die Vorgabe für den Mindestgebotspreis wieder zu erfüllen. Das Unternehmen hat nun bis zum 16. Februar 2026, um den Mindestgebotspreis von $1,00 je Aktie zu erreichen, nachdem es diesen Schwellenwert über 30 aufeinanderfolgende Handelstage nicht gehalten hat.
Um die Notierung am Nasdaq Capital Market beizubehalten, muss BTOG während des Compliance-Zeitraums einen Schlusskurs von mindestens $1,00 je Aktie für mindestens zehn aufeinanderfolgende Handelstage erzielen. Das Unternehmen hat signalisiert, bei Bedarf eine Kapitalzusammenlegung (Reverse Stock Split) durchzuführen, um das Defizit zu beheben. Wird die Compliance bis zur Frist nicht erreicht, droht BTOG die Delisting-Gefahr, hat jedoch das Recht, bei einem Nasdaq Hearings Panel Berufung einzulegen.
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Insights
Bit Origin granted 180-day extension to meet Nasdaq's $1 minimum bid requirement or face potential delisting by February 2026.
Bit Origin has received a crucial second 180-day compliance period from Nasdaq to address its minimum bid price deficiency. The company's shares have been trading below the required
This second extension period, running until February 16, 2026, represents the final standard grace period before potential delisting proceedings. To maintain its Nasdaq Capital Market listing, Bit Origin must achieve a closing bid price of at least
The company has indicated it may implement a reverse stock split if necessary to artificially raise its share price and maintain compliance. While this approach would mathematically increase the share price, it wouldn't change the underlying market capitalization or fundamental value of the business.
This development signals serious concerns about Bit Origin's market performance. Extended periods below the minimum bid threshold typically reflect negative investor sentiment or diminished confidence in a company's prospects. While the extension provides breathing room, failure to regain compliance by February would initiate delisting procedures, though the company would retain appeal rights before a Nasdaq Hearings Panel.
SINGAPORE, Aug. 29, 2025 (GLOBE NEWSWIRE) -- Bit Origin Ltd (NASDAQ: BTOG) ("Bit Origin" or the "Company"), today announced that it has received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) granting the Company an additional 180-calendar-day compliance period, or until February 16, 2026, to regain compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).
As previously disclosed, on February 21, 2025, Nasdaq notified the Company that its listed securities did not meet the minimum bid price requirement of
The additional compliance period is granted based on the Company's compliance of all other continued listing requirements for the Nasdaq Capital Market, except for the bid price requirement, and providing written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary.
To regain compliance, the Company’s ordinary shares must maintain a closing bid price of at least
This notification from Nasdaq has no immediate effect on the listing or trading of the Company’s ordinary shares, which will continue to trade on the Nasdaq Capital Market under the symbol “BTOG.”
About Bit Origin Ltd
Bit Origin Ltd is an emerging growth company actively deploying blockchain technologies alongside diversified expansion strategies. For more information, please visit https://bitorigin.io.
Safe Harbor Statement
This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact 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.
Company Contact
Bit Origin Ltd
Mr. Jiang Jinghai, Chairman of the Board, CEO and COO
Email: ir@bitorigin.io
To keep updated on Bit Origin’s news releases and SEC filings, please subscribe to email alerts at https://bitorigin.io/contact
