iTonic Holdings (NASDAQ: ITOC) received a 180-calendar day extension from Nasdaq to regain compliance with the minimum closing bid price requirement of Nasdaq Listing Rule 5550(a)(2). The new deadline is October 19, 2026, after the initial 180-day compliance period expired on April 20, 2026. If compliance is not achieved by October 19, Nasdaq will notify the company that its Class A ordinary shares will be delisted; the company may then request a review by a Nasdaq Hearings Panel.
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Positive
Nasdaq granted a 180-calendar day extension to regain compliance
New compliance deadline set for October 19, 2026
Negative
Company remains noncompliant with the Nasdaq minimum bid price rule
Initial 180-calendar day compliance period expired on April 20, 2026
Failure to regain compliance may trigger delisting of Class A shares
News Market Reaction – ITOC
+24.83%
12 alerts
+24.83%Session close to close
+90.5%Peak in 8 hr 44 min
$6.38MMarket Cap
1.3xRel. Volume
In the Apr 24 session, ITOC gained 24.83%, reflecting a significant positive market reaction.
Argus tracked a peak move of +90.5% during that session.
Our momentum scanner triggered 12 alerts that day, indicating notable trading interest and price volatility.
The stock surged +24.8% in the session following this news. A strong positive reaction aligns with r...
Analysis
The stock surged +24.8% in the session following this news. A strong positive reaction aligns with relief from Nasdaq delisting risk after the 180-day extension to October 19, 2026. However, shares still traded well below the $0.37 200-day MA and about 67.02% under the 52-week high, underscoring ongoing fragility. The effective US$200,000,000 F-3 shelf and modest US$4.0 million public float could influence future volatility depending on any capital-raising decisions.
Key Figures
Extension length:180 calendar daysCompliance deadline:October 19, 2026Initial period end:April 20, 2026+5 more
8 metrics
Extension length180 calendar daysAdditional Nasdaq compliance period to October 19, 2026
Compliance deadlineOctober 19, 2026Final date to regain compliance with Minimum Bid Price Rule
Initial period endApril 20, 2026Expiration of first 180-day Nasdaq compliance window
Listing RuleRule 5550(a)(2)Nasdaq Minimum Bid Price Rule reference in notice
Shelf amountUS$200,000,000Maximum aggregate offering under effective F-3 shelf
Public floatUS$4.0 millionBased on 9,382,000 Class A shares held by non-affiliates
Non-affiliate shares9,382,000 sharesClass A shares held by non-affiliates as of February 3, 2026
Current price$0.3046Around news time, up 0.76% over prior close
Key Terms
minimum bid price rule, shelf registration, public float, depositary shares, +1 more
5 terms
minimum bid price ruleregulatory
"to regain compliance with the minimum closing bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2)"
A minimum bid price rule is a stock market requirement that a listed company's share must trade above a set minimum price over a specified period to remain listed on an exchange. It matters to investors because falling below that threshold can trigger warnings, potential delisting, and reduced liquidity—similar to a student needing a passing grade to stay enrolled—making the shares harder to buy, sell, or value accurately.
shelf registrationregulatory
"has filed a shelf registration to offer up to US$200,000,000"
Shelf registration is when a company gets permission ahead of time to sell new stocks or bonds over a period of time instead of all at once. It matters to investors because it lets a company raise money quickly when needed, but it can also change the value of existing shares if many new ones are sold.
"with a public float of about US$4.0 million based on 9,382,000 Class A shares"
Public float is the total number of a company's shares that are available for trading by the general public. It excludes shares held by company insiders or large stakeholders who are unlikely to sell them easily. This figure helps investors understand how much of the company's stock is actively available, which can influence its liquidity and how easily its price might change.
depositary sharesfinancial
"debt securities, warrants, rights, depositary shares and units from time to time"
Depositary shares are tradable certificates that represent a fractional piece of a larger security held by a third-party bank, like owning a slice of a single big pie instead of the whole pie. They let companies issue and investors buy smaller, more affordable portions of preferred stock or other instruments; holders usually receive proportional dividends and market pricing similar to ordinary shares, but may have limited voting rights and different liquidity or tax implications, which can affect income and resale value.
pcaobregulatory
"uncertainties related to PCAOB inspection requirements under the HFCA and Accelerating HFCA Acts"
The PCAOB (Public Company Accounting Oversight Board) is an independent regulator that inspects and enforces rules for the auditors who check public companies’ financial statements. Think of it as a referee for accountants: it sets standards, reviews audit work, and can punish sloppy or dishonest audits. That matters to investors because trustworthy, well-audited financial reports reduce the risk of surprises and help people make better decisions about buying, holding, or selling stocks.
BEIJING, China, April 23, 2026 (GLOBE NEWSWIRE) -- iTonic Holdings Ltd (the “Company” or “ITOC”), a healthcare solution provider specializing in treatment planning systems for brachytherapy and other related products and services, today announced that on April 21, 2026, it received notification from The Nasdaq Stock Market LLC (“Nasdaq”) that Nasdaq approved the Company’s request for an extension of additional 180-calendar day, or until October 19, 2026 (the “Extension”) to regain compliance with the minimum closing bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”).The Extension follows the expiration the initial 180-calendar day compliance period on April 20, 2026.
If the Company does not regain compliance with the Minimum Bid Price Rule by October 19, 2026, Nasdaq has informed the Company that it will provide written notification that the Company’s Class A ordinary shares will be delisted. At that time, the Company may request a review of the delisting determination by a Nasdaq Hearings Panel.
About iTonic Holdings Ltd
Founded in 1998, iTonic Holdings Ltd, through its wholly owned operating subsidiary, Beijing Feitian Zhaoye Technology Co., Ltd., focuses on healthcare solutions for brachytherapy, a targeted radiation therapy used in cancer treatment. Its lead product, Beijing Feitian’s Treatment Planning System, helps ensure safe and effective brachytherapy using radioactive sources inside the patient to kill cancer cells and shrink tumors. iTonic Holdings Ltd is committed to leveraging its products and services to establish a potential new standard of care across multiple malignant tumor applications. For more information, please visit: http://www.ftzy.com.cn/ir.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995, including but not limited to statements related to ITOC’s cash position, financial resources and potential for future growth, market acceptance and penetration of new or planned product offerings, and future recurring revenues and results of operations. These forward-looking statements can be identified by terminology such as “aim,” “anticipate,” “believe,” “estimate,” “expect,” “hope,” “going forward,” “intend,” “ought to,” “plan,” “project,” “potential,” “seek,” “may,” “might,” “can,” “could,” “will,” “would,” “shall,” “should,” “is likely to” and the negative form of these words and other similar expressions. Among other things, statements that are not historical facts, including statements about the Company’s beliefs and expectations are or contain forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. All information provided in this press release is as of the date of this press release and is based on assumptions that the Company believes to be reasonable as of this date, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
What did ITOC announce about the Nasdaq compliance extension?
ITOC received a 180-calendar day Nasdaq extension to regain compliance with the Minimum Bid Price Rule until October 19, 2026. According to the company, the extension followed expiration of the initial compliance period on April 20, 2026 and was approved on April 21, 2026.
What happens if ITOC does not regain compliance by October 19, 2026?
Nasdaq will notify ITOC that its Class A ordinary shares will be delisted if compliance is not regained by October 19, 2026. According to the company, ITOC may request a review of any delisting determination by a Nasdaq Hearings Panel.
When did ITOC's initial Nasdaq compliance period expire?
The initial 180-calendar day compliance period for Nasdaq minimum bid compliance expired on April 20, 2026. According to the company, Nasdaq approved an additional 180-day extension on April 21, 2026, setting the new deadline at October 19, 2026.
How long is the Nasdaq extension granted to ITOC (ITOC)?
Nasdaq granted a 180-calendar day extension, moving ITOC's compliance deadline to October 19, 2026. According to the company, the extension was approved on April 21, 2026 after the initial period ended April 20, 2026.
How can shareholders track updates on ITOC's Nasdaq compliance status?
Shareholders should monitor ITOC regulatory filings and Nasdaq notices for updates on compliance and potential delisting. According to the company, material developments will be disclosed in investor communications and public filings ahead of the October 19, 2026 deadline.
