Jinxin Technology Holding Company Announces Receipt of Nasdaq Notice
Jinxin Technology (NASDAQ: NAMI) received a Nasdaq Deficiency Letter dated January 29, 2026, notifying that its ADSs closed below the required $1.00 minimum bid price for the last 30 consecutive business days.
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Rhea-AI Summary
Jinxin Technology (NASDAQ: NAMI) received a Nasdaq Deficiency Letter dated January 29, 2026, notifying that its ADSs closed below the required $1.00 minimum bid price for the last 30 consecutive business days. The letter does not affect current listing or trading.
The company has a 180-calendar-day compliance period ending July 28, 2026 to regain compliance by achieving a closing bid price of at least $1.00 for ten consecutive business days, or potentially request additional time subject to Nasdaq staff determination.
Positive
- Nasdaq granted a 180-calendar-day compliance period ending July 28, 2026
- Regain compliance by achieving $1.00 closing bid for ten consecutive business days
Negative
- ADSs closed below $1.00 for 30 consecutive business days as of Jan 29, 2026
- Potential delisting risk if compliance not achieved by July 28, 2026
Details
News Market Reaction – NAMI
On Feb 2, the day this news came out, NAMI closed 12.26% above the previous close.
Data tracked by StockTitan Argus for the Feb 2 session.
Key Figures
- Minimum bid price
- US$1.00 per share
- Nasdaq Listing Rule 5550(a)(2) requirement for ADSs
- Sub-US$1 period
- 30 consecutive business days
- ADS closing bid below US$1.00 trigger period
- Compliance period
- 180 calendar days
- Time granted under Nasdaq Listing Rule 5810(c)(3)(A)
- Compliance deadline
- July 28, 2026
- End of compliance period to regain minimum bid price
- Required compliant streak
- 10 consecutive business days
- Days ADS bid must be at or above US$1.00 to regain compliance
Historical Context
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Debut of NAMI INSIGHT One AI learning glasses at CES 2026.
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Commercial launch of NAMI INSIGHT One AI-native smart learning glasses.
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Global limited presale of AI-powered education smart glasses ahead of release.
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Announcement of December 2025 launch timing for AI-enabled smart learning glasses.
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Board authorization of up to US$2 million share buyback program through 2026.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
compliance period regulatory
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Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company is provided with a compliance period of 180 calendar days, or until July 28, 2026 (the "Compliance Period"), to regain compliance with Nasdaq's minimum bid price requirement. If at any time during the Compliance Period, the closing bid price of the Company's ADSs is at least
In the event the Company does not regain compliance by July 28, 2026, subject to the determination by the staff of Nasdaq, the Company may be eligible for additional time.
The Deficiency Letter will have no effect on the Company's business operations, and the Company will take all reasonable measures to regain compliance.
About Jinxin Technology Holding Company
Headquartered in
Jinxin Technology works closely with
- Namibox, the Company's flagship learning app
- Telecom and broadcast operators
- Third-party educational devices
For more information, please visit the Company's website at https://ir.namibox.com.
Safe Harbor Statements
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the
For Investor and Media Inquiries, Please Contact:
Jinxin Technology Holding Company
Investor Relations Department
Email: ir@namibox.com
View original content:https://www.prnewswire.com/news-releases/jinxin-technology-holding-company-announces-receipt-of-nasdaq-notice-302676181.html
SOURCE Jinxin Technology Holding Company
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