Lucas GC Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement
Rhea-AI Summary
Lucas GC (NASDAQ: LGCL) announced it has regained compliance with Nasdaq's minimum $1.00 bid price requirement under Rule 5550(a)(2).
The Listing Qualifications Department sent a Compliance Notice dated November 3, 2025 confirming the closing bid price was at or above $1.00 for 15 consecutive business days from October 13, 2025 to October 31, 2025, and the matter is now closed. The company had previously received a deficiency notice from Nasdaq on September 5, 2025.
Positive
- Regained Nasdaq compliance after 15 business days (Oct 13–Oct 31, 2025)
- Compliance matter closed per Nasdaq Compliance Notice dated November 3, 2025
Negative
- Previously received Nasdaq deficiency notice on September 5, 2025
News Market Reaction 12 Alerts
On the day this news was published, LGCL declined 11.64%, reflecting a significant negative market reaction. Argus tracked a peak move of +8.7% during that session. Argus tracked a trough of -15.9% from its starting point during tracking. Our momentum scanner triggered 12 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $1M from the company's valuation, bringing the market cap to $9M at that time.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, Nov. 05, 2025 (GLOBE NEWSWIRE) -- Lucas GC Limited (NASDAQ: LGCL) (“Lucas” or the “Company”), an artificial intelligence (the “AI”) technology-driven Platform-as-a-Service (the “PaaS”) company whose technologies have been applied to the human resources and insurance industry verticals, today announced that it has received a notification letter (“Compliance Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) dated November 3, 2025, informing the Company that it has regained compliance with the minimum bid price requirement set forth under the Nasdaq Listing Rule 5550(a)(2) (“Minimum Bid Price Requirement”).
As previously announced, the Company was notified by Nasdaq on September 5, 2025 that the Company’s ordinary shares failed to maintain a minimum bid price of US
According to the Compliance Notice, the Company regained compliance with the Minimum Bid Price Requirement because the closing bid price of the Company’s ordinary shares has been at US
About Lucas GC Limited
With 20 granted U.S. and Chinese patents and over 75 registered software copyrights in the AI, data analytics and blockchain technologies, Lucas GC Limited is an AI technology-driven Platform as a Service (PaaS) company. Lucas’ technologies have been applied to the human resources and insurance industry verticals. For more information, please visit: https://www.lucasgc.com/.
Forward-Looking Statements
Statements in this press release about future expectations, plans, and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements.” The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including the uncertainties related to market conditions. Any forward-looking statements contained in this press release speak only as of the date hereof, and Lucas GC Limited specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise.
For Investor Inquiries and Media Contact:
https://www.lucasgc.com/
ir@lucasgc.com
T: 818-741-0923
FAQ
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