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Ping An Biomedical (Nasdaq: PASW) received a Nasdaq Minimum Bid Price Deficiency Letter after its closing bid price failed to meet the $1.00 minimum for the period Oct 10, 2025–Nov 20, 2025. Nasdaq provided an 180-calendar-day compliance period ending May 25, 2026 to regain compliance.
If not cured, the company may be eligible for an additional 180 days only if it meets market value and other initial listing standards (except bid price) and files intent to cure; otherwise Nasdaq may issue a delisting notice. The company is evaluating options, including a possible reverse stock split, but cannot assure successful compliance.
