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Baiya International (NASDAQ: BIYA) back in compliance with Nasdaq rules

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6-K

Rhea-AI Filing Summary

Baiya International Group Inc. reports that Nasdaq has confirmed the company has regained compliance with two key listing standards. Nasdaq notified Baiya that its ordinary shares once again meet the minimum bid price rule, after closing at or above $1.00 per share for 10 consecutive business days from December 30, 2025 to January 13, 2026. Nasdaq also confirmed Baiya now satisfies the stockholders’ equity requirement under Rule 5550(b)(1), based on a Form 6-K dated September 30, 2025 showing $22,488,566 of stockholders’ equity. Both prior deficiency matters are stated to be closed.

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Insights

Baiya has cleared prior Nasdaq deficiencies on bid price and equity.

Nasdaq previously flagged Baiya International Group Inc. for failing two separate listing standards: the minimum bid price of $1.00 per share and the minimum market value of listed securities (MVLS) of $35 million. The company was given until February 2, 2026 to cure these issues under Nasdaq’s 180‑day compliance window.

The new notice confirms Baiya’s shares traded at or above $1.00 for 10 straight business days, satisfying Rule 5550(a)(2). Separately, Nasdaq accepted stockholders’ equity of $22,488,566 as reported on a Form 6‑K dated September 30, 2025, bringing the company into compliance with Rule 5550(b)(1) instead of relying on MVLS. Nasdaq states both matters are closed, meaning no outstanding Nasdaq deficiencies are described in this update.

For investors, this indicates Baiya currently meets the Nasdaq Capital Market’s ongoing listing criteria referenced here. Future filings will show whether the company can maintain bid price and equity levels over subsequent reporting periods, but this disclosure focuses on the successful completion of the existing remediation period.

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of January 2026

 

Commission File Number: 001-42553

 

Baiya International Group Inc. 

(Registrant’s Name)

 

Room 18022, Floor 18, 112 W. 34th Street

New York, NY 10120

(Address of Principal Executive Offices) 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F Form 40-F

 

 

 

 

 

 

On January 14, 2026, Baiya International Group Inc. (the “Company” or the “Registrant”) received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”), informing the Company that it has regained compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules.

 

The Company had previously announced on August 11, 2025, that it was notified by Nasdaq on August 6, 2025 that it was not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2), as the closing bid price of the Company’s ordinary shares had been below $1.00 per share for more than 30 consecutive business days. Pursuant to Rule 5810(c)(3)(A) of the Nasdaq Listing Rules, the Company had a compliance period of 180 calendar days, or until February 2, 2026, to regain compliance with Nasdaq’s minimum bid price requirement. On January 14, 2026, Nasdaq provided confirmation to the Company that for the last 10 consecutive business days, from December 30, 2025 to January 13, 2026, the closing bid price of the Company’s ordinary shares had been $1.00 per share or greater, that the Company has regained compliance with Listing Rule 5550(a)(2) and that the matter is now closed.

 

On January 14, 2026, the Company also received a letter from Nasdaq, informing the Company that it has regained compliance with requirement set forth in Rule 5550(b)(1) of the Nasdaq Listing Rules in lieu of Nasdaq Listing Rule 5550(b)(2).

 

The Company had previously announced on August 11, 2025, that it was notified by Nasdaq on August 6, 2025 that it was not in compliance with the minimum MVLS requirement set forth in Nasdaq Listing Rule 5550(b)(2), as our MVLS had been below $35 million for more than 30 consecutive business days. The letter also noted that the Company did not meet (i) the requirement for a minimum of $2.5 million in stockholders’ equity under Listing Rules 5550(b)(1) or (ii) the requirement for a minimum net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the three most recently completed fiscal years under Listing Rule 5550(b)(3). In accordance with Nasdaq Listing Rule 5810(c)(3)(C), the Company had 180 calendar days, or until February 2, 2026, to regain compliance pursuant to one of the three standards as set forth under Rule 5550(b)(1), Rule 5550(b)(2), or Rule 5550(b)(3). On January 14, 2026, Nasdaq provided confirmation to the Company that based on the Form 6-K, dated September 30, 2025, evidencing stockholders’ equity of $22,488,566, the Company has regained compliance with Listing Rule 5550(b)(1) and that the matter is now closed.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Date: January 16, 2026 BAIYA INTERNATIONAL GROUP INC.
   
  By: /s/ Siyu Yang
    Siyu Yang
    Chief Executive Officer

 

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FAQ

What did Baiya International Group Inc. (BIYA) announce in this 6-K?

Baiya International Group Inc. reported that Nasdaq notified the company on January 14, 2026 that it has regained compliance with the minimum bid price requirement and with the stockholders’ equity requirement for continued listing, and that both compliance matters are now closed.

How did BIYA regain compliance with Nasdaqs minimum bid price rule?

Nasdaq confirmed that for 10 consecutive business days, from December 30, 2025 to January 13, 2026, the closing bid price of Baiyas ordinary shares was at least $1.00 per share, bringing the company back into compliance with Nasdaq Listing Rule 5550(a)(2).

Which Nasdaq financial standard does BIYA now meet and based on what figure?

Baiya regained compliance with Nasdaq Listing Rule 5550(b)(1), the stockholders equity standard, based on a Form 6-K dated September 30, 2025 that showed stockholders equity of $22,488,566.

What Nasdaq deficiencies had previously affected Baiya International (BIYA)?

Earlier notices from August 2025 stated that Baiya did not meet the minimum bid price of $1.00 per share under Rule 5550(a)(2) and that its market value of listed securities had been below $35 million under Rule 5550(b)(2). Nasdaq also noted it did not then meet the stockholders equity or net income standards under Rules 5550(b)(1) and 5550(b)(3).

Does this filing indicate that BIYA still faces any open Nasdaq compliance issues?

According to Nasdaqs January 14, 2026 letters described here, Baiya has regained compliance with the cited minimum bid price and stockholders equity rules, and Nasdaq states that each of these matters is now closed.

What deadline had Nasdaq originally given BIYA to fix its listing deficiencies?

Nasdaq had granted Baiya a 180 calendar day compliance period, until February 2, 2026, to regain compliance with the minimum bid price rule and with at least one of the financial standards in Listing Rule 5550(b).
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