Diginex regains Nasdaq bid price compliance
Diginex Limited reported that Nasdaq confirmed the company has regained compliance with Nasdaq Listing Rule 5550(a)(2), the Minimum Bid Price Requirement of US$1.00 per share.
Rhea-AI Filing Summary
Diginex Limited reported that Nasdaq confirmed the company has regained compliance with Nasdaq Listing Rule 5550(a)(2), the Minimum Bid Price Requirement of US$1.00 per share. Nasdaq had previously notified the company on March 23, 2026 that its ordinary shares had closed below this threshold for 30 consecutive business days.
The July 28, 2026 Compliance Notice stated that Diginex’s closing bid price was at or above US$1.00 per share for 20 consecutive business days from June 29 to July 27, 2026, restoring compliance ahead of the 180-day cure period that was to run until September 21, 2026.
Positive
- The company has regained compliance with Nasdaq’s Minimum Bid Price Requirement under Listing Rule 5550(a)(2), confirming its ordinary shares have traded at or above US$1.00 for 20 consecutive business days.
Negative
- None.
Key Figures
Minimum bid price requirement: US$1.00 per share
Non-compliance period: 30 business days
Cure period length: 180 calendar days
+3 more
6 metrics
Minimum bid price requirement
US$1.00 per share
Nasdaq Listing Rule 5550(a)(2) threshold for the company’s ordinary shares
Non-compliance period
30 business days
Consecutive days below US$1.00 closing bid price prior to March 23, 2026
Cure period length
180 calendar days
Time allowed, until September 21, 2026, to regain Nasdaq bid price compliance
Compliance evidence period
20 business days
From June 29 to July 27, 2026, closing bid at or above US$1.00
Compliance notice date
July 28, 2026
Date Nasdaq notified Diginex it had regained Minimum Bid Price compliance
Press release date
July 30, 2026
Date Diginex publicly disclosed its renewed Nasdaq compliance
Key Terms
Minimum Bid Price Requirement, Nasdaq Listing Rule 5550(a)(2), foreign private issuer, RegTech, +1 more
5 terms
Minimum Bid Price Requirement regulatory
"The company has regained compliance with the 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 5550(a)(2) regulatory
"Compliance with Nasdaq Listing Rule 5550(a)(2) was confirmed by Nasdaq."
foreign private issuer regulatory
"Report of foreign private issuer pursuant to Rule 13a-16."
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.
RegTech financial
"A sustainable RegTech business focused on ESG, climate and supply chain data."
Regtech is software and digital tools that help companies follow laws and reporting rules automatically, by monitoring transactions, flagging risks, and generating required reports. For investors, regtech matters because it reduces the chance of costly fines or business disruptions, lowers compliance costs, and can speed operations—think of it as a smart navigation and alert system that keeps a company on the legal road so capital and management focus on growth rather than paperwork.
forward-looking statements regulatory
"Certain statements in this announcement 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Diginex Limited (DGNX) announce about its Nasdaq listing status?
Diginex Limited announced it has regained compliance with Nasdaq Listing Rule 5550(a)(2), the Minimum Bid Price Requirement of US$1.00 per share, after its shares traded at or above this level for 20 consecutive business days.
Why was Diginex Limited (DGNX) previously non-compliant with Nasdaq rules?
On March 23, 2026, Nasdaq notified Diginex that for 30 consecutive business days its ordinary shares’ closing bid price had been below the US$1.00 Minimum Bid Price Requirement under Listing Rule 5550(a)(2).
How did Diginex Limited (DGNX) regain compliance with Nasdaq’s bid price rule?
Nasdaq’s Compliance Notice stated Diginex evidenced a closing bid price of US$1.00 per share or higher for 20 consecutive business days, from June 29, 2026 to July 27, 2026, satisfying the Minimum Bid Price Requirement.
What cure period did Diginex Limited (DGNX) have to fix its Nasdaq bid price deficiency?
After the March 23, 2026 notice, Diginex had 180 calendar days, until September 21, 2026, to regain compliance with Nasdaq’s Minimum Bid Price Requirement for its ordinary shares.
When did Diginex Limited (DGNX) publicly disclose its renewed Nasdaq compliance?
Diginex issued a press release on July 30, 2026, stating that on July 28, 2026 it received a Nasdaq Compliance Notice confirming it had regained compliance with the Minimum Bid Price Requirement under Listing Rule 5550(a)(2).
AI-generated analysis. How Rhea-AI works. Not financial advice.
