Bit Origin (NASDAQ: BTOG) gets 180-day Nasdaq bid price extension
Rhea-AI Filing Summary
Bit Origin Ltd. reports that Nasdaq has granted an additional 180-day period, until February 16, 2026, to regain compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share. The company had previously failed to maintain a closing bid price of at least $1.00 for 30 consecutive business days and did not regain compliance by the original deadline of August 20, 2025.
The company’s ordinary shares will continue to trade on the Nasdaq Capital Market during this extension, as long as Bit Origin meets all other listing requirements. To regain compliance, the closing bid price must be at or above $1.00 per share for at least 10 consecutive business days during the new 180-day window. Bit Origin states it will use all reasonable efforts to achieve compliance but cautions there is no assurance it will succeed or remain in compliance with other Nasdaq criteria.
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Insights
Bit Origin gets more time to fix its Nasdaq bid price issue, avoiding immediate delisting risk.
Bit Origin Ltd. remains out of compliance with Nasdaq’s $1.00 per share minimum bid rule but has secured an additional 180 days, to
The notice explicitly states there is no immediate impact on trading; the shares continue on the Nasdaq Capital Market as long as other listing standards are met. This extension reduces near-term delisting pressure but keeps regulatory risk in place, since there is no assurance the company will regain or maintain compliance with Nasdaq criteria. Future company disclosures about measures to support the share price will help clarify how it plans to meet the 10-day threshold within the current extension period.