Digital Currency X (NASDAQ: DCX) restores Nasdaq bid-price compliance, hearing canceled
Rhea-AI Filing Summary
Digital Currency X Technology Inc. reported that Nasdaq has confirmed the company has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). As a result, a previously scheduled Nasdaq Hearings Panel meeting on February 24, 2026 was canceled, and the company remains fully listed and trading on the Nasdaq Capital Market without interruption.
Positive
- Nasdaq compliance restored: The company has regained compliance with Nasdaq’s minimum bid price rule and is in full compliance with all Nasdaq Capital Market listing requirements, removing immediate delisting pressure and preserving its U.S. exchange listing.
Negative
- None.
Insights
Nasdaq bid-price compliance removes immediate delisting risk.
Digital Currency X Technology Inc. received written confirmation from Nasdaq that it again meets the minimum bid price requirement under Listing Rule 5550(a)(2). This restores full compliance with all Nasdaq Capital Market listing standards and keeps its securities trading without interruption.
The cancellation of the February 24, 2026 Hearings Panel session signals that any pending delisting proceeding tied to bid price has been resolved. Maintaining a Nasdaq listing is important for liquidity, index eligibility, and institutional access, so clearing this hurdle stabilizes the company’s exchange status.
The filing does not describe how the company regained compliance, such as price performance or corporate actions, so the durability of compliance is not addressed. Future company filings may provide more insight into trading dynamics and any measures used to support the share price.