Scienjoy Holding Corporation Granted Additional 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule

Scienjoy (NASDAQ: SJ) said Nasdaq approved an additional 180-calendar day extension to regain compliance with the minimum bid price rule (Nasdaq Listing Rule 5550(a)(2)).

Rhea-AI Summary

Scienjoy (NASDAQ: SJ) said Nasdaq approved an additional 180-calendar day extension to regain compliance with the minimum bid price rule (Nasdaq Listing Rule 5550(a)(2)).

The extension was approved on January 7, 2026, following expiration of the initial period on January 6, 2026, and establishes a new compliance deadline of July 6, 2026. To regain compliance, the Company's Class A ordinary shares must close at or above $1.00 per share for a minimum of 10 consecutive business days (generally not more than 20). If compliance is not achieved by July 6, 2026, the Company may face delisting and could request review by a Nasdaq Hearings Panel.

Positive

• Nasdaq approved an additional 180-day extension
• New compliance deadline set for July 6, 2026

Negative

• Initial 180-day compliance period expired on January 6, 2026
• Risk of delisting if compliance not regained by July 6, 2026
• Must achieve 10 consecutive business days with share price ≥ $1.00

Argus Jan 9 session

+3.36% close to close Open Argus

Details

News Market Reaction – SJ

On Jan 9, the day this news came out, SJ closed 3.36% above the previous close.

Data tracked by StockTitan Argus for the Jan 9 session.

Key Figures

Extension length: 180 calendar days Minimum bid price: US$1.00 per share Initial period end: January 6, 2026 +5 more

Extension length

180 calendar days

Additional Nasdaq bid-price compliance period granted on Jan 7, 2026

Minimum bid price

US$1.00 per share

Nasdaq Listing Rule 5550(a)(2) requirement

Initial period end

January 6, 2026

Expiration of first 180-day compliance period

New deadline

July 6, 2026

End of new Nasdaq compliance period

Required trading days

10–20 business days

Consecutive days bid must close at or above US$1.00

Current price

$0.77

Before extension news; 52-week range $0.45–$1.09

24h price change

-4.93%

Price move prior to publication of extension announcement

Market capitalization

$34,289,358

Pre-news equity value context

Historical Context

5 past events · Latest: Jan 07

5 events

1. Jan 07

   AI strategy update

   24h Move

   +3.2%

   Nationwide 2026 launch plan for AI Vista Live! and China AI focus.

2. Dec 18

   Strategic review

   24h Move

   +5.5%

   Engagement of ICON Capital Group to explore strategic alternatives.

3. Dec 11

   AI product launch

   24h Move

   +11.9%

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

4. Nov 26

   Earnings update

   24h Move

   -9.1%

   Nine‑month 2025 revenues declined year-over-year with lower net income.

5. Aug 27

   Earnings update

   24h Move

   -4.2%

   Q2 and H1 2025 revenues and net income declined versus prior year.

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

Key Terms

minimum closing bid price, delisting, nasdaq hearings panel

3 terms

minimum closing bid price regulatory

"to regain compliance with the minimum closing bid price requirement of US$1.00 per share"

A minimum closing bid price is the lowest share price a stock must register at market close—often set by an exchange or regulator and sometimes measured over a series of days—to keep the stock listed. Think of it like a minimum score a team must maintain to stay in a league; falling below it can trigger warnings, delisting risk, or corporate fixes such as reverse stock splits, and so it matters because it affects liquidity, investor access and the value and tradability of shares.

delisting regulatory

"If the Company does not regain compliance... it may be subject to delisting from Nasdaq"

Delisting occurs when a company's stock is removed from a stock exchange and is no longer available for trading there. This can happen voluntarily or because the company no longer meets the exchange's requirements. For investors, delisting means they can no longer buy or sell shares of that company on the exchange, which may make it more difficult to sell their investments or affect the stock's value.

View in glossary

nasdaq hearings panel regulatory

"the Company may request a review of the delisting determination by a Nasdaq Hearings Panel"

A Nasdaq hearings panel is a group of experts that reviews cases when a company's stock listing is at risk of being removed from the exchange. They evaluate whether the company has met certain standards and determine if it can keep trading on Nasdaq. This process matters to investors because it can affect a company's ability to raise money and maintain credibility in the market.

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

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BEIJING, Jan. 9, 2026 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "we") (NASDAQ: SJ), an interactive entertainment leader in the Chinese market, today announced that on January 7, 2026, it received notification from The Nasdaq Stock Market LLC ("Nasdaq") that Nasdaq approved the Company's request for an additional 180-calendar day extension (the "Extension") to regain compliance with the minimum closing bid price requirement of US$1.00 per share, as set forth in Nasdaq Listing Rule 5550(a)(2) (the "Rule").

The Extension follows the expiration on January 6, 2026 of the initial 180-calendar day period to regain bid price compliance. As a result of the Extension, the Company now has until July 6, 2026 to regain compliance with the Rule (the "New Compliance Period"). If during the New Compliance Period, the bid price for Scienjoy's Class A ordinary shares closes at or above US$1.00 per share for a minimum of 10, though generally not more than 20, consecutive business days, it is expected that Nasdaq would formally notify the Company that it has regained compliance with the Rule.

If the Company does not regain compliance with the Rule by July 6, 2026, it may be subject to delisting from Nasdaq. At that time, the Company may request a review of the delisting determination by a Nasdaq Hearings Panel.

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-granted-additional-180-day-extension-by-nasdaq-to-regain-compliance-with-minimum-bid-price-rule-302657181.html

SOURCE Scienjoy Holding Corporation

FAQ

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

What extension did Scienjoy (SJ) receive from Nasdaq and when was it approved?

Nasdaq approved an additional 180-calendar day extension on January 7, 2026.

What is Scienjoy's new deadline to regain compliance with the $1.00 bid price rule?

The new compliance deadline is July 6, 2026.

How does Scienjoy (SJ) regain compliance with Nasdaq Listing Rule 5550(a)(2)?

Its Class A shares must close at or above $1.00 per share for a minimum of 10 consecutive business days (generally not more than 20).

What happens if Scienjoy (SJ) does not regain compliance by July 6, 2026?

The Company may be subject to delisting from Nasdaq and could request review by a Nasdaq Hearings Panel.

When did Scienjoy's initial Nasdaq compliance period expire?

The initial 180-calendar day period expired on January 6, 2026.