Baosheng Media warned on Nasdaq $1 bid rule
Nasdaq has notified Baosheng Media Group Holdings of a minimum bid price deficiency, giving the company until March 9, 2027, to regain compliance or face potential delisting.
Rhea-AI Filing Summary
Baosheng Media Group Holdings Ltd (BAOS) reports that Nasdaq has notified the company that its ordinary shares failed to meet the $1.00 minimum bid price requirement for the Nasdaq Capital Market, based on the 30 business days from July 27, 2026 to September 9, 2026.
The shares remain listed for now, and Baosheng has 180 calendar days from the September 10, 2026 notice, until March 9, 2027, to regain compliance, which can occur if the closing bid price is at least $1.00 for 10 consecutive business days or through a timely reverse stock split. If it still does not comply, Baosheng may receive a second 180-day period if it meets other Nasdaq initial listing standards; otherwise, its securities could be subject to delisting.
Positive
- None.
Negative
- Nasdaq minimum bid price deficiency and delisting risk: BAOS is below the $1.00 minimum bid requirement and has until March 9, 2027 to regain compliance, potentially via a reverse stock split or sustained price recovery, or its shares may become subject to delisting from the Nasdaq Capital Market.
Key Figures
Minimum bid price requirement: $1.00 per ordinary share
Non-compliance measurement period: 30 business days
Initial compliance period: 180 calendar days
+3 more
6 metrics
Minimum bid price requirement
$1.00 per ordinary share
Required bid price for continued listing on the Nasdaq Capital Market under Rule 5550(a)(2)
Non-compliance measurement period
30 business days
Period from July 27, 2026 to September 9, 2026 used to determine bid price deficiency
Initial compliance period
180 calendar days
Time from the September 10, 2026 Nasdaq notice until March 9, 2027 to regain compliance
Trading price recovery window
10 consecutive business days
Minimum period that BAOS shares must close at or above $1.00 to regain compliance
Potential additional compliance period
180 calendar days
Possible second period if other Nasdaq initial listing standards (excluding bid price) are met
Reverse stock split timing requirement
10 business days before March 9, 2027
Latest completion date for a reverse split to count toward regaining compliance
Key Terms
Minimum Bid Price Requirement, Nasdaq Capital Market, reverse stock split, market value of publicly held shares, +1 more
5 terms
Minimum Bid Price Requirement market
"not in compliance with the requirement to maintain a minimum bid price"
A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.
Nasdaq Capital Market market
"for continued listing on The Nasdaq Capital Market"
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.
reverse stock split financial
"If the Company chooses to implement a reverse stock split, it must complete"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
foreign private issuer regulatory
"REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What Nasdaq notice did Baosheng Media Group (BAOS) receive?
Baosheng received a Nasdaq notice on September 10, 2026, stating that its ordinary shares failed to meet the $1.00 minimum bid price requirement over a 30 consecutive business day period, putting its Nasdaq Capital Market listing at risk if compliance is not restored.
How long does BAOS have to regain Nasdaq minimum bid price compliance?
Baosheng has 180 calendar days from the notice date, until March 9, 2027, to regain compliance. The company may also qualify for an additional 180-day period if it meets other Nasdaq initial listing standards except for the minimum bid price.
What must BAOS do to regain compliance with Nasdaq’s $1.00 bid rule?
Compliance is regained if the closing bid price of Baosheng’s ordinary shares is at least $1.00 per share for a minimum of 10 consecutive business days, subject to Nasdaq staff discretion for a longer period, or if Baosheng completes a timely reverse stock split.
Is Baosheng Media Group (BAOS) being delisted from Nasdaq now?
No. The notice has no immediate effect on Baosheng’s listing. However, if it fails to regain compliance within the allowed period(s) or does not qualify for an extension, Nasdaq may notify the company that its securities will be subject to delisting.
Can BAOS use a reverse stock split to address the Nasdaq deficiency?
Yes. Baosheng may choose to implement a reverse stock split to increase its share price. To count for compliance, the reverse split must be completed no later than ten business days before March 9, 2027.
What listing standards besides bid price must BAOS meet for a second compliance period?
To receive a second 180-day period, Baosheng must meet Nasdaq’s continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, except the minimum bid price rule.
AI-generated analysis. How Rhea-AI works. Not financial advice.
