Core AI Holdings Announces Receipt of Nasdaq Notification Regarding Minimum Stockholders’ Equity Deficiency

Core AI faces a Nasdaq equity deficiency notice but retains time to present a remediation plan and keep its shares trading.

Rhea-AI Summary

Core AI Holdings (CHAI) has received a Nasdaq notification that it is not in compliance with the minimum shareholders’ equity requirement for continued listing.

As of June 30, 2026, unaudited shareholders’ equity was $2,429,389, below the $2,500,000 minimum required under Nasdaq Listing Rule 5550(b)(1). Core AI has 45 days, through November 2, 2026, to submit a compliance plan, and, if Nasdaq accepts the plan, may receive up to 180 calendar days from the September 18, 2026 notice, or until March 17, 2027, to regain compliance. The company intends to submit a plan by the deadline and anticipates it will show compliance. The notification does not currently affect Core AI’s business operations, strategic initiatives, or the listing and trading of its common shares on Nasdaq.

Positive

• Company has 45 days, until November 2, 2026, to submit a compliance plan
• If Nasdaq accepts the plan, Core AI may have up to 180 days, until March 17, 2027, to regain compliance
• Nasdaq notification does not currently affect listing or trading of Core AI’s common shares
• Company states it intends to submit a plan and anticipates demonstrating compliance

Negative

• Shareholders’ equity at June 30, 2026 was $2,429,389, below the $2,500,000 Nasdaq minimum
• Company is currently out of compliance with Nasdaq Listing Rule 5550(b)(1)
• If Core AI’s plan is not accepted or it fails to regain compliance, its common shares will be subject to delisting from Nasdaq

News Explained

The release adds a conditional delisting path: if Nasdaq rejects Core AI’s plan or the company fails to regain compliance, Nasdaq says it will notify the company that its common shares are subject to delisting; it does not say delisting has occurred.

Market Context

The Jul 31 minimum-bid-price notice recorded a -4.62% 24-hour reaction, supplying a prior listing-co...

Analysis

The Jul 31 minimum-bid-price notice recorded a -4.62% 24-hour reaction, supplying a prior listing-compliance reference; its bid-price test differed from the equity test in this notice.

Key Figures

Reported stockholders’ equity: $2,429,389 Minimum stockholders’ equity requirement: $2,500,000 Plan submission period: 45 days +1 more

Reported stockholders’ equity

$2,429,389

Unaudited balance sheet as of June 30, 2026

Minimum stockholders’ equity requirement

$2,500,000

Nasdaq continued-listing requirement

Plan submission period

45 days

Deadline to submit a compliance plan: November 2, 2026

Potential extension to regain compliance

Up to 180 calendar days

If Nasdaq accepts the plan; through March 17, 2027

Previous AI Reports

1 past event · Latest: Jul 31

Same Type 1 event

1. Jul 31

   Nasdaq compliance notice

   24h Move

   -4.6%

   Nasdaq notified Core AI of a separate minimum-bid-price compliance deficiency.

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

Key Terms

form 6-k, unaudited consolidated balance sheet

2 terms

form 6-k regulatory

"filed with the Securities and Exchange Commission on August 20, 2026"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

unaudited consolidated balance sheet financial

"as its unaudited consolidated balance sheet as of June 30, 2026"

A consolidated balance sheet shows a parent company’s and its subsidiaries’ combined assets, liabilities and shareholders’ equity at a specific date, presented as if they were a single economic unit. An unaudited consolidated balance sheet has not yet been examined and verified by an independent external auditor, so it provides a timely snapshot of financial position but may contain errors or provisional estimates that an audit could later adjust, like a family’s combined budget before an accountant reviews it.

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

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MIAMI, FL, Sept. 23, 2026 (GLOBE NEWSWIRE) -- Core AI Holdings, Inc. (“Core AI” or the “Company”) (Nasdaq: CHAI), a global AI technology and infrastructure company, today announced that on September 18, 2026, the Company received a notification letter (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that as its unaudited consolidated balance sheet as of June 30, 2026, included with a Report of Foreign Private Issuer on Form 6-K filed with the Securities and Exchange Commission on August 20, 2026, reflected shareholders’ equity of $2,429,389, the Company is not in compliance with the requirement of maintaining a minimum shareholders’ equity of $2,500,000 for continued listing of its common shares for trading on Nasdaq as required by Nasdaq Listing Rule 5550(b)(1) (the “Rule”).

As set forth in the Notice, the Company has a period of 45 days through November 2, 2026, to submit a plan to regain compliance with the Rule, which if accepted, will afford an extension of up to 180 calendar days from the date of the notice or until March 17, 2027, for Core AI to regain compliance with the Rule. The Company intends to submit a plan by the November 2, 2026 deadline, which it anticipates will demonstrate that it has regained compliance with the Rule. However, if the Company’s plan to regain compliance with the Rule is not accepted by Nasdaq or the Company fails to regain compliance with the Rule, Nasdaq will provide notice that Core AI’s common shares are subject to delisting.

The notification does not affect the Company’s business operations, strategic initiatives, or the listing or trading of its common shares on Nasdaq.

About Core AI Holdings, Inc.

Core AI Holdings, Inc. (NASDAQ: CHAI) is a global AI technology and infrastructure company focused on identifying, developing, and scaling AI-driven businesses that leverage next-generation technologies to address large, high-growth market opportunities. Core AI’s mission is to harness artificial intelligence to create transformative, scalable solutions across multiple verticals and drive long-term shareholder value. Through its subsidiary, Core Gaming, the Company operates an AI-driven mobile game development and publishing business which has generated over 800 million downloads, and built a global user base of more than 40 million players across over 140 countries.

Core AI Investor Relations

ir@coregaming.co
www.coregaming.co

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on Core AI’s current expectations and assumptions and are subject to risks, uncertainties, and changes in circumstances that may cause actual results to differ materially, as well as other risks described under “Risk Factors” in Core AI’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission on May 15, 2026, and in subsequent SEC filings. Except as required by law, Core AI undertakes no obligation to update these forward-looking statements. 

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What specific Nasdaq rule is Core AI not complying with?

Core AI is not in compliance with Nasdaq Listing Rule 5550(b)(1), which requires a minimum of $2,500,000 in shareholders’ equity for continued listing of its common shares on Nasdaq.

What equity level triggered the Nasdaq notification for Core AI?

The notification was triggered because Core AI’s unaudited consolidated balance sheet as of June 30, 2026 showed shareholders’ equity of $2,429,389, which is below the required $2,500,000 minimum.

What is the timeline for Core AI to respond to Nasdaq and regain compliance?

Core AI has until November 2, 2026 (45 days from the September 18, 2026 notice) to submit a plan to regain compliance. If Nasdaq accepts the plan, the company may have up to 180 calendar days from the date of the notice, or until March 17, 2027, to meet the shareholders’ equity requirement.

What happens if Core AI’s compliance plan is rejected or it cannot regain compliance?

If Nasdaq does not accept Core AI’s plan, or if the company does not regain compliance with the shareholders’ equity requirement within any allowed extension, Nasdaq will provide notice that Core AI’s common shares are subject to delisting from the Nasdaq Capital Market.

Does the Nasdaq notice change Core AI’s current trading status or operations?

The company states that the notification does not affect its business operations, strategic initiatives, or the current listing or trading of its common shares on Nasdaq.

What businesses does Core AI operate?

Core AI is described as a global AI technology and infrastructure company focused on scaling AI-driven businesses. Through its subsidiary Core Gaming, it operates an AI-driven mobile game development and publishing business that has generated over 800 million downloads and built a global user base of more than 40 million players across over 140 countries.