Park Ha Biological (NASDAQ: BYAH) regains compliance with Nasdaq $1.00 bid rule
Rhea-AI Filing Summary
Park Ha Biological Technology Co., Ltd. reports that it has regained compliance with Nasdaq’s minimum bid price requirement. Nasdaq notified the company that its Class A ordinary shares closed at or above $1.00 per share for 10 consecutive business days from February 20 through March 5, 2026.
Meeting this threshold satisfies Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market, and Nasdaq has closed the matter. This removes the immediate risk that the company’s shares could be delisted for bid-price non-compliance.
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Insights
Park Ha Bio has cleared Nasdaq’s bid-price deficiency and removed an immediate delisting risk.
The company confirms that Nasdaq now considers it back in compliance with the
Restored compliance means the company continues to meet this specific listing standard, avoiding forced delisting action tied to bid price. Future compliance will still depend on ongoing trading levels, and any renewed drop below the minimum could trigger a new deficiency notice under Nasdaq’s procedures.