XCharge Regains Compliance with Nasdaq Minimum Bid Price Requirement
Nasdaq confirms XCharge now meets the $1.00 minimum bid price rule again, closing the earlier listing deficiency.
Rhea-AI Summary
XCharge (XCH) has regained compliance with Nasdaq’s minimum bid price requirement for continued listing, as confirmed by a Nasdaq notification dated September 8, 2026.
The company had previously fallen out of compliance on June 24, 2026, after its ADS closing bid price stayed below $1.00 for 30 consecutive business days. Nasdaq granted a 180‑day grace period until December 21, 2026. XCharge then recorded a closing bid price at or above $1.00 per ADS for 10 consecutive business days from August 24 to September 4, 2026. As a result, Nasdaq has determined that XCharge once again meets the minimum bid price rule and has closed the deficiency matter.
Positive
- Minimum bid price compliance restored after ADSs closed ≥$1.00 for 10 straight days (Aug 24–Sep 4, 2026)
- Nasdaq deficiency matter closed, confirming continued listing under Rule 5450(a)(1)
Negative
- Earlier non-compliance notice after ADS closing bid stayed below $1.00 for 30 consecutive business days
Key Figures
- Minimum bid price threshold
- $1.00 per ADS
- Nasdaq continued-listing requirement
- Prior deficiency period
- 30 consecutive business days
- Closing bid price below $1.00 per ADS
- Compliance period
- 180 calendar days
- Through December 21, 2026
- Compliance evidence
- $1.00 per ADS for 10 consecutive business days
- August 24 to September 4, 2026
Historical Context
-
Nasdaq cited ADSs below the $1.00 minimum bid for 30 consecutive business days
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
minimum bid price requirement regulatory
nasdaq listing rule 5450(a)(1) regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
HAMBURG, Germany and AUSTIN, Texas, Sept. 09, 2026 (GLOBE NEWSWIRE) -- XCHG Limited (“XCharge” or the “Company”) (Nasdaq: XCH), a global provider in high-power EV charging solutions, today announced that the Company received a written compliance notification (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on September 8, 2026, informing the Company that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”) for continued listing on Nasdaq.
As previously announced, on June 24, 2026, the Company was notified by Nasdaq that it was not in compliance with the Minimum Bid Price Requirement, as the closing bid price of the Company’s American Depositary Shares (“ADSs”) was below
According to Nasdaq’s Notification Letter, the Company evidenced a closing bid price at or above
About XCharge
XCharge (Nasdaq: XCH) is a global provider in high-power electric vehicle charging solutions. The Company has headquarters in Hamburg, Germany and Austin, TX, working with a globally networked team to drive innovation in the field of energy and help its customers achieve long-term success.
Safe Harbor Statement
This press release contains forward-looking statements. Such statements are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “objective,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the United States Securities and Exchange Commission.
All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.
For investor and media inquiries, please contact:
XCHG Limited IR Department
Email: ir@xcharge.com
Water Tower Research Asia
Feifei Shen, CFA
Tel: +86 134-6656-6136
Email: feifei@watertowerresearch.com