Paranovus Entertainment Technology Limited Received Nasdaq Delisting Notice

Rhea-AI Summary

Paranovus Entertainment Technology (NASDAQ: PAVS) announced it received a Nasdaq delisting notice dated December 17, 2025, after Nasdaq determined the company failed to meet Listing Rule 5810(c)(3)(A)(iii).

Nasdaq found the stock closed at $0.10 or less for ten consecutive trading days as of December 15, 2025, and earlier flagged a bid-price deficiency on July 11, 2025 for trading below $1 over 30 consecutive business days. Trading is slated to be suspended at the open on December 29, 2025 unless the company timely requests an appeal by December 24, 2025. The company says it will request a hearing, which would stay suspension. The company completed a 1:100 reverse share split on December 18, 2025 to try to regain compliance.

Positive

• Completed a 1:100 reverse split on December 18, 2025
• Company intends to request a hearing by Dec 24, 2025 to stay suspension

Negative

• Nasdaq determined shares had closing bid ≤ $0.10 for ten days as of Dec 15, 2025
• Trading suspension scheduled at open on Dec 29, 2025 if no appeal
• Previously noncompliant for bid-price $1 requirement since July 11, 2025

Key Figures

Non-compliance threshold $1 per share Bid price requirement under Listing Rule 5550(a)(2)

Non-compliance period 30 consecutive business days Bid price below $1 triggered initial Nasdaq notice

Compliance window 180 calendar days Period to regain compliance ending January 7, 2026

Low bid price $0.10 or less Closing bid for ten consecutive trading days by December 15, 2025

Suspension date December 29, 2025 Planned suspension of trading absent successful appeal

Appeal deadline December 24, 2025 Last date to request hearing to appeal delisting

Reverse split ratio 1-for-100 Reverse share split on December 18, 2025 to regain compliance

Compliance deadline January 7, 2026 End of original 180-day compliance period

Market Reality Check

Volume Volume 0 vs 20-day average 8111 ahead of the delisting notice. normal

Technical Price 0 is below the 200-day moving average at 2.15.

Peers on Argus

Peers in Consumer Defensive / Packaged Foods showed mixed moves, from -7.19% (IMG) to +4.4% (BOF), suggesting company-specific headline risk for HAPP rather than a sector-wide move.

Market Pulse Summary

This announcement focused on Nasdaq’s determination to delist the shares after they traded at or below $0.10 for ten days and remained below the $1 requirement, along with a 1-for-100 reverse split to pursue compliance. Investors may monitor the appeal process, key dates such as December 24 and December 29, and any future updates on listing status and trading venue.

Key Terms

listing rule 5550(a)(2) regulatory

"did not comply with Listing Rule 5550(a)(2)"

Listing Rule 5550(a)(2) is a Nasdaq listing standard that sets a minimum share-price requirement for securities to be listed or to remain listed on the Nasdaq Capital Market. It matters to investors because falling below that minimum can trigger delisting reviews or increased volatility, much like a safety bar on a ride — if a stock can’t meet the height requirement, it risks being removed from the exchange, which can reduce liquidity and access for buyers and sellers.

nasdaq capital market regulatory

"delist the Company's Class A ordinary shares from The Nasdaq Capital Market"

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

bid price financial

"the bid price of its listed Class A ordinary shares had closed at less than $1 per share"

The bid price is the highest price a buyer is willing to pay for a share or other security at a given moment. Think of it as the offer a shopper makes at an auction — it shows what you could sell for right now if you accepted the highest buyer. Investors watch the bid because it affects how quickly a sale will execute and how much they’ll actually receive after accounting for the gap between buyer and seller prices.

reverse share split financial

"The Company effectuated a reverse share split of its Class A ordinary shares at the ratio of 1:100"

A reverse share split is when a company reduces the number of its shares outstanding by combining multiple shares into one, effectively increasing the price of each share. For investors, this can help improve the company's image or meet stock exchange listing requirements, but it does not change the total value of their investment. It’s similar to turning many small pieces of a puzzle into fewer larger pieces—nothing new is added or lost, just rearranged.

AI-generated analysis. Not financial advice.

NEW YORK, Dec. 22, 2025 /PRNewswire/ -- Paranovus Entertainment Technology Limited (NASDAQ: PAVS), announced today that the Company received a letter from the Nasdaq Stock Market LLC ("Nasdaq") on December 17, 2025, notifying the Company that the Nasdaq staff has determined to delist the Company's Class A ordinary shares from The Nasdaq Capital Market, because the Company failed to comply with the Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the "Rule").

As previously disclosed, on July 11, 2025, the Nasdaq staff notified the Company that the bid price of its listed Class A ordinary shares had closed at less than $1 per share over the previous 30 consecutive business days, and, as a result, did not comply with Listing Rule 5550(a)(2). Therefore, in accordance with Listing Rule 5810(c)(3)(A), the Company was provided 180 calendar days, or until January 7, 2026, to regain compliance with the Rule.

The Nasdaq Staff has determined that as of December 15, 2025, the Company's securities had a closing bid price of $0.10 or less for ten consecutive trading days. Accordingly, the Company is subject to the provisions contemplated under the Rule. As a result, the Nasdaq Staff has determined to delist the Company's securities from The Nasdaq Capital Market.

The trading of the Company's Class A ordinary shares will be suspended at the opening of business on December 29, 2025 unless the Company duly requests an appeal of this determination.

The Company was provided until December 24, 2025 to request an appeal of the Delisting Determination to the hearing panel. The Company intends to request such hearing to appeal the Delisting Determination before that date, which will stay the suspension of its securities from the date of the request, during which time such securities will continue to be listed on The Nasdaq Capital Market.

The Company effectuated a reverse share split of its Class A ordinary shares at the ratio of 1:100 on December 18, 2025 in order to regain compliance with the aforementioned rules.

About Paranovus Entertainment Technology Limited

Paranovus Entertainment Technology Ltd. focuses e-commerce and TikTok-related e-commerce solutions through its subsidiaries. In March 2025, the Company completed the acquisition of the controlling equity interests of Bomie Wookoo Inc., a New York company that offers e-commerce solutions. As part of its strategic transformation, Paranovus has exited its legacy businesses, including the e-commerce, internet information, and advertising businesses in September 2023 and ceased its automobile sales business in July 2024.

For more information on our latest innovations and developments, visit https://www.pavs.ai/.

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:  the Company's goals and strategies; the Company's future business development; the Company's future acquisition opportunities; the Company's ability to identify any acquisition opportunities that fit with our business strategies; the Company's ability to consummate an attractive acquisition and realize the benefits of such transaction; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission.  For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

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SOURCE Paranovus Entertainment Technology Ltd.

FAQ

What did Paranovus (NASDAQ: PAVS) announce on December 22, 2025?

Paranovus said it received a Nasdaq delisting notice after failing to meet Listing Rule 5810(c)(3)(A)(iii).

Why did Nasdaq determine Paranovus (PAVS) should be delisted?

Nasdaq found the stock closed at or below $0.10 for ten consecutive trading days as of Dec 15, 2025.

When will Paranovus (PAVS) trading be suspended if it does not appeal?

Trading is scheduled to be suspended at the opening of business on Dec 29, 2025 unless an appeal is requested.

What action did Paranovus (PAVS) take to regain Nasdaq compliance?

The company completed a 1:100 reverse share split on Dec 18, 2025.

How can Paranovus (PAVS) prevent immediate suspension of its Nasdaq listing?

The company must request an appeal to the Nasdaq hearing panel by Dec 24, 2025, which will stay suspension.

What prior Nasdaq deficiency did Paranovus (PAVS) disclose in 2025?

On July 11, 2025, Nasdaq notified the company that its bid price had closed below $1 over 30 consecutive business days.