BeyondSpring gets Nasdaq $1 bid-price warning
BeyondSpring Inc. has been notified by Nasdaq that its shares are below the $1.00 minimum bid price and now faces a defined window to regain listing compliance.
Rhea-AI Filing Summary
BeyondSpring Inc. (BYSI) reported that on September 17, 2026 it received a notice from the Nasdaq Listing Qualifications Department that its ordinary shares no longer meet the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2).
The notice does not immediately delist the shares, and trading on Nasdaq continues. BeyondSpring has 180 calendar days, until March 16, 2027, to regain compliance. Compliance will be restored if the closing bid price is at or above $1.00 for at least 10 consecutive business days. The company may qualify for an additional 180-day period but states there is no assurance it will regain or maintain compliance.
Positive
- None.
Negative
- BeyondSpring faces a Nasdaq listing deficiency after its share price stayed below $1.00 for 30 consecutive business days, creating a risk of eventual delisting if compliance is not regained.
8-K Event Classification
Item 3.01 — Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
1 item
Item 3.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Securities
The company received a delisting notice, failed to satisfy a continued-listing rule or standard, or transferred its listing.
Key Figures
Minimum bid price requirement: $1.00 per share
Consecutive business days below minimum: 30 business days
Initial compliance period: 180 calendar days
+2 more
5 metrics
Minimum bid price requirement
$1.00 per share
Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market
Consecutive business days below minimum
30 business days
Period during which BeyondSpring’s closing bid was below $1.00, triggering the deficiency notice
Initial compliance period
180 calendar days
Time from the September 17, 2026 notice until March 16, 2027 to regain compliance
Additional potential compliance period
180 calendar days
Possible extra period to regain compliance, subject to Nasdaq staff determination
Business days needed at or above $1.00
10 consecutive business days
Required period during which the closing bid must be at or above $1.00 to regain compliance
Key Terms
Nasdaq Capital Market, Nasdaq Listing Rule 5550(a)(2), Bid Price Requirement, Listing Qualifications Department
4 terms
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.
Nasdaq Listing Rule 5550(a)(2) regulatory
"for continued listing on the Nasdaq Capital Market, pursuant to Nasdaq Listing Rule 5550(a)(2)"
Bid Price Requirement financial
"to regain compliance with the Bid Price Requirement"
A bid price requirement is a rule that specifies the minimum price a buyer must offer per share when making an official purchase proposal, tender offer, auction bid, or similar transaction. It matters to investors because it sets a floor for negotiations and valuation—like a reserve price in an auction—ensuring bids meet regulatory, contract or market standards and helping shareholders and markets judge whether an offer is fair or likely to succeed.
Listing Qualifications Department regulatory
"received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC"
A listing qualifications department is the part of a stock exchange that checks whether a company meets the exchange’s rules for being listed and staying listed. Think of it as a gatekeeper or building inspector: it reviews financial statements, disclosure practices and corporate governance, flags problems and can require fixes or remove a company’s shares. Investors care because its decisions affect whether a stock remains tradable and how much trust to place in a company’s reporting.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What Nasdaq compliance issue did BeyondSpring Inc. (BYSI) disclose?
BeyondSpring disclosed that Nasdaq notified the company on September 17, 2026 that its ordinary shares failed to meet the $1.00 minimum bid price requirement for 30 consecutive business days under Nasdaq Listing Rule 5550(a)(2).
Is BeyondSpring Inc. (BYSI) being immediately delisted from Nasdaq?
No. The notification has no immediate effect on the listing or trading of BeyondSpring’s ordinary shares. The shares will continue to trade on the Nasdaq Capital Market during the compliance period described in the notice.
How long does BeyondSpring Inc. (BYSI) have to regain Nasdaq bid price compliance?
BeyondSpring has 180 calendar days, until March 16, 2027, to regain compliance. During this period its shares continue to trade on Nasdaq while it seeks to meet the minimum bid price requirement.
What must BeyondSpring Inc. (BYSI) do to regain Nasdaq bid price compliance?
BeyondSpring will regain compliance if, at any time before March 16, 2027, the closing bid price of its ordinary shares is at or above $1.00 per share for a minimum of 10 consecutive business days, after which Nasdaq would confirm compliance in writing.
Can BeyondSpring Inc. (BYSI) receive more time beyond March 16, 2027 to comply?
Yes. If BeyondSpring does not regain compliance by March 16, 2027, it may be eligible for an additional 180-day compliance period, subject to determination by Nasdaq staff as described in the notice.
Does the Nasdaq notice affect BeyondSpring Inc. (BYSI)’s business operations?
The company states that the notification letter does not affect its business operations. It also states that it is considering all available options to regain compliance within the prescribed grace period, though there is no assurance it will succeed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
