Paranovus Entertainment Technology Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement

Rhea-AI Summary

Paranovus Entertainment Technology (NASDAQ:PAVS) regained compliance with Nasdaq's minimum bid price requirement, the company said it received notice on January 6, 2026 from the Nasdaq Office of General Counsel confirming compliance with Listing Rule 5550(a)(2).

As a result, the previously scheduled Hearings Panel session for January 29, 2026 was cancelled and the matter was closed. The company's Class A ordinary shares will remain listed and traded on the Nasdaq Capital Market under the ticker PAVS.

Positive

• Regained Nasdaq minimum bid price compliance on Jan 6, 2026
• Scheduled Nasdaq hearing for Jan 29, 2026 cancelled
• Class A shares will remain listed and traded under PAVS

Negative

• None.

News Market Reaction – PAVS

+13.11%

30 alerts

+13.11% Session close to close

+41.9% Peak in 1 hr 20 min

$1.39M Market Cap

0.2x Rel. Volume

In the Jan 9 session, PAVS gained 13.11%, reflecting a significant positive market reaction. Argus tracked a peak move of +41.9% during that session. Our momentum scanner triggered 30 alerts that day, indicating elevated trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, Jan. 9, 2026 /PRNewswire/ -- Paranovus Entertainment Technology Limited (NASDAQ: PAVS) today announced that on January 6, 2026, it received notification from the Nasdaq Office of General Counsel stating that the Company had regained compliance with the bid price requirement as set forth in Listing Rule 5550(a)(2) and that Company is therefore in compliance with the Nasdaq Capital Market's listing requirements. As a result, the scheduled hearing before the Hearings Panel on January 29, 2026 had been cancelled and the matter was closed. The Company's Class A ordinary shares will continue to be listed and traded on The Nasdaq Capital Market under the ticker "PAVS."

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/.

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SOURCE Paranovus Entertainment Technology Ltd.

FAQ

When did Paranovus (NASDAQ:PAVS) regain Nasdaq compliance?

The company received Nasdaq notice confirming compliance on January 6, 2026.

What Nasdaq rule did Paranovus (PAVS) regain compliance with?

Paranovus regained compliance with the minimum bid price requirement in Listing Rule 5550(a)(2).

Was the Nasdaq Hearings Panel session for Paranovus (PAVS) cancelled?

Yes. The scheduled hearing on January 29, 2026 was cancelled and the matter closed.

Will Paranovus shares continue trading on Nasdaq and under which ticker?

Yes. The company's Class A ordinary shares will continue to be listed and traded on the Nasdaq Capital Market under ticker PAVS.

What does Nasdaq confirmation mean for Paranovus shareholders?

It means the company's shares remain listed and tradable on the Nasdaq Capital Market under PAVS.