CLPS regains Nasdaq $1 minimum bid compliance
CLPS Inc has regained compliance with Nasdaq’s $1.00 minimum bid price rule after maintaining that level for 10 consecutive trading days.
Rhea-AI Filing Summary
CLPS Inc (CLPS) reports that it has regained compliance with Nasdaq’s minimum bid price requirement. Nasdaq notified the company that the closing bid price of its common shares was $1.00 per share or greater for 10 consecutive trading days from August 20 through September 2, 2026, satisfying Nasdaq Listing Rule 5450(a)(1). As a result, Nasdaq considers the bid-price deficiency matter closed, and CLPS continues to meet this specific listing standard for its common shares on Nasdaq.
Positive
- Regains Nasdaq bid price compliance: CLPS maintained a closing bid of at least $1.00 for 10 consecutive trading days, and Nasdaq confirmed the company is again in compliance with Listing Rule 5450(a)(1), closing the prior deficiency matter.
Negative
- None.
Key Figures
Minimum bid price threshold: $1.00 per share
Consecutive trading days at or above $1.00: 10 trading days
Nasdaq Listing Rule: Rule 5450(a)(1)
+2 more
5 metrics
Minimum bid price threshold
$1.00 per share
Nasdaq minimum bid price requirement under Listing Rule 5450(a)(1)
Consecutive trading days at or above $1.00
10 trading days
From August 20 through September 2, 2026, for CLPS common shares
Nasdaq Listing Rule
Rule 5450(a)(1)
Rule governing the minimum bid price requirement that CLPS has regained compliance with
Notification date from Nasdaq
September 3, 2026
Date of Nasdaq’s written notice confirming CLPS’s bid price compliance
Press release date
September 4, 2026
Date CLPS announced it had regained compliance with Nasdaq’s minimum bid price rule
Key Terms
minimum bid price requirement, Nasdaq Listing Rule 5450(a)(1), foreign private issuer, forward-looking statements
4 terms
minimum bid price requirement market
"has received a written notice ... that the Company has regained compliance with the Nasdaq’s minimum bid price requirement"
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 Listing Rule 5450(a)(1) regulatory
"CLPS has regained full compliance with Nasdaq’s Listing Rule 5450(a)(1)"
Nasdaq Listing Rule 5450(a)(1) is a continued-listing standard that sets a minimum share price companies must maintain to remain listed on the Nasdaq market—commonly a $1.00 per-share threshold. Investors care because falling below that floor can trigger a compliance review and possible delisting, which is like failing a minimum grade and losing access to the public market; delisting can reduce liquidity, visibility and the ability to raise capital.
foreign private issuer regulatory
"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER"
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.
forward-looking statements regulatory
"Certain of the statements made in this press release are “forward-looking statements”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
What did CLPS (CLPS) announce in its September 2026 Form 6-K?
CLPS announced that Nasdaq notified the company it has regained compliance with the minimum bid price requirement after its common shares closed at $1.00 or more for 10 consecutive trading days from August 20 to September 2, 2026.
How did CLPS (CLPS) meet Nasdaq’s minimum bid price requirement?
CLPS met Nasdaq’s minimum bid price requirement because its common share closing bid price was $1.00 per share or greater for 10 consecutive trading days, covering the period from August 20 through September 2, 2026.
Which Nasdaq rule did CLPS (CLPS) regain compliance with?
CLPS regained compliance with Nasdaq Listing Rule 5450(a)(1), which sets the minimum bid price requirement for listing on the exchange. Nasdaq confirmed that the bid price deficiency matter concerning this rule is now closed.
Is the Nasdaq bid price deficiency issue for CLPS (CLPS) still open?
No. Nasdaq informed CLPS that, after the share price stayed at $1.00 or greater for 10 consecutive trading days, the company has regained full compliance with Listing Rule 5450(a)(1) and the matter is now closed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
