Scienjoy Holding Corporation Compliant with Nasdaq Bid Price Requirement

Scienjoy (NASDAQ: SJ) announced on February 3, 2026 that it has evidenced full compliance with Nasdaq's $1.00 bid price requirement under Listing Rule 5550(a)(2).

Rhea-AI Summary

Scienjoy (NASDAQ: SJ) announced on February 3, 2026 that it has evidenced full compliance with Nasdaq's $1.00 bid price requirement under Listing Rule 5550(a)(2).

As a result, Nasdaq has closed the listing matter, preserving the company's continued listing on The Nasdaq Capital Market.

Positive

• Evidenced compliance with Nasdaq $1.00 bid price requirement
• Nasdaq listing matter formally closed on February 3, 2026
• Continued listing on The Nasdaq Capital Market preserved

Argus Feb 4 session

-4.23% close to close Open Argus

Details

News Market Reaction – SJ

On Feb 4, the first trading day after this news, SJ closed 4.23% below the previous close.

Data tracked by StockTitan Argus for the Feb 4 session.

Market Context

This announcement confirms that Scienjoy met Nasdaq’s $1.00 minimum bid requirement under Listing Ru...

Analysis

This announcement confirms that Scienjoy met Nasdaq’s $1.00 minimum bid requirement under Listing Rule 5550(a)(2), closing out a prior compliance review. It follows a January extension that had set a deadline of July 6, 2026, reducing immediate delisting risk. In recent months, the company also highlighted AI product launches and strategic alternatives. Investors may watch whether sustained trading above the threshold and continued execution on AI initiatives support longer-term stability.

Key Figures

Minimum bid price: $1.00 per share

Minimum bid price

$1.00 per share

Nasdaq Listing Rule 5550(a)(2) requirement for continued listing

Historical Context

5 past events · Latest: Jan 28

5 events

1. Jan 28

   AI deployment update

   24h Move

   -6.8%

   Large-scale rollout of AI-powered streamer avatars across platforms.

2. Jan 09

   Nasdaq extension

   24h Move

   +3.4%

   Additional 180-day period granted to regain $1.00 bid compliance.

3. Jan 07

   AI platform expansion

   24h Move

   +3.2%

   Nationwide 2026 launch plan for AI Vista Live! B2B platform in China.

4. Dec 18

   Strategic alternatives

   24h Move

   +5.5%

   Engagement of ICON Capital Group to explore value-unlocking options.

5. Dec 11

   AI product launch

   24h Move

   +11.9%

   Commercial launch of AI Vista Live! in Dubai via majority-owned SJ Meta.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

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

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BEIJING, Feb. 3, 2026 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy" or the "Company") (NASDAQ: SJ), an interactive entertainment leader in the Chinese market, today announced that Scienjoy today received formal notice from The Nasdaq Stock Market LLC that the Company has evidenced full compliance with the $1.00 bid price requirement for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2). As a result, the listing matter has been closed.

About Scienjoy Holding Corporation

Scienjoy is a pioneering Nasdaq-listed interactive entertainment leader. Driven by the vision of shaping a metaverse lifestyle, Scienjoy leverages AI-powered technology to create immersive experiences that resonate with global audiences, fostering meaningful connections and redefining entertainment. For more information, please visit http://ir.scienjoy.com/.

Safe Harbor Statement

Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission ("SEC") from time to time. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

For investor and media inquiries, please contact:

Investor Relations Contacts
Denny Tang
Chief Financial Officer
Scienjoy Holding Corporation
+86-10-64428188
ir@scienjoy.com

Ascent Investor Relations LLC
Tina Xiao
+1-646-932-7242
investors@ascent-ir.com

 

View original content:https://www.prnewswire.com/news-releases/scienjoy-holding-corporation-compliant-with-nasdaq-bid-price-requirement-302678115.html

SOURCE Scienjoy Holding Corporation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Scienjoy (SJ) announce on February 3, 2026 about Nasdaq compliance?

Scienjoy confirmed it has met Nasdaq's $1.00 bid price standard and resolved the listing matter. According to Scienjoy, the company evidenced full compliance with Listing Rule 5550(a)(2), and Nasdaq has formally closed the matter, maintaining the company's continued listing on the Nasdaq Capital Market.

Does Scienjoy (SJ) remain listed on The Nasdaq Capital Market after the notice?

Yes, Scienjoy remains listed on The Nasdaq Capital Market following the notice of compliance. According to Scienjoy, the company evidenced full compliance with the $1.00 bid price requirement, and Nasdaq closed the listing matter, preserving the company's continued Nasdaq listing.

What specific Nasdaq rule did Scienjoy (SJ) comply with in February 2026?

Scienjoy complied with Nasdaq Listing Rule 5550(a)(2), the $1.00 bid price requirement for continued listing. According to Scienjoy, meeting that threshold satisfied Nasdaq's standard and led to a formal closure of the listing matter on February 3, 2026.

What is the immediate shareholder impact of Scienjoy (SJ) evidencing compliance with Nasdaq?

The immediate impact is preservation of the company's Nasdaq listing, avoiding potential delisting actions. According to Scienjoy, Nasdaq formally closed the listing matter after the company evidenced compliance with the $1.00 bid price requirement, maintaining market access for shareholders.

When did Nasdaq formally close the listing matter for Scienjoy (SJ)?

Nasdaq formally closed the listing matter on February 3, 2026 after Scienjoy evidenced compliance. According to Scienjoy, meeting the $1.00 bid price requirement under Listing Rule 5550(a)(2) led to the closure and retention of the Nasdaq listing.