Eshallgo regains Nasdaq listing compliance

Eshallgo Inc. regained compliance with Nasdaq’s minimum bid price rules after previously being at risk of delisting.

Rhea-AI Filing Summary

Eshallgo Inc. regained compliance with Nasdaq’s minimum bid price rules after previously being at risk of delisting. The company had fallen below the required $1.00 closing bid price for 30 consecutive business days, triggering a compliance period with Nasdaq.

To address this, Eshallgo implemented a 16-for-1 reverse stock split of its ordinary shares, which became effective on the Nasdaq Capital Market on April 20, 2026. From April 20 to May 1, 2026, the closing bid price stayed at or above $1.00 for ten consecutive business days, leading Nasdaq to confirm on May 4, 2026 that the company had fully regained compliance with its listing requirements.

Insights

Equity markets and listing standards analyst

Eshallgo preserved its Nasdaq listing by using a 16-for-1 reverse split to restore bid price compliance.

Eshallgo had breached Nasdaq’s $1.00 minimum bid requirement for 30 straight business days, putting its Nasdaq Capital Market listing at risk. Nasdaq initially granted a 180-day grace period to regain compliance, later extending it by another 180 days to July 20, 2026.

The company’s 16-for-1 reverse stock split, effective April 20, 2026, mechanically boosted the share price, helping the Class A ordinary shares close at or above $1.00 for ten consecutive business days through May 1, 2026. Nasdaq then confirmed on May 4, 2026 that Eshallgo again met its listing standards, removing the immediate delisting risk tied to bid price.

Key Figures

Minimum bid price requirement: $1.00 per share Initial compliance period: 180 days Extended compliance period: 180 days +3 more

6 metrics

Minimum bid price requirement $1.00 per share Nasdaq Listing Rule 5550(a)(2) threshold

Initial compliance period 180 days From July 23, 2025 to January 19, 2026

Extended compliance period 180 days Until July 20, 2026

Reverse split ratio 16-for-1 Reverse stock split of ordinary shares

Post-split price streak 10 business days Closing bid at or above $1.00 from April 20 to May 1, 2026

Compliance confirmation date May 4, 2026 Nasdaq confirmed bid price compliance

Key Terms

reverse stock split, Nasdaq Listing Rule 5550(a)(2), minimum bid price requirement, Nasdaq Capital Market

4 terms

reverse stock split financial

"approved the 16-for-1 reverse stock split of the Company’s ordinary shares"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

Nasdaq Listing Rule 5550(a)(2) regulatory

"did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2)"

minimum bid price requirement financial

"regained compliance with the minimum bid price requirement set forth in Rule 5550(a)(2)"

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 Capital Market market

"to take effect on April 20, 2026, on 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.

FAQ

What issue did Eshallgo Inc. (EHGO) face with its Nasdaq listing?

Eshallgo fell below Nasdaq’s $1.00 minimum closing bid price for 30 consecutive business days. This triggered a deficiency notice under Nasdaq Listing Rule 5550(a)(2) and started a compliance period to restore its share price above the threshold.

How did Eshallgo Inc. (EHGO) regain compliance with Nasdaq’s bid price rule?

Eshallgo carried out a 16-for-1 reverse stock split of its ordinary shares. After the split became effective, its Class A shares closed at or above $1.00 for ten straight business days, allowing Nasdaq to confirm renewed compliance.

What is the significance of the 16-for-1 reverse stock split by Eshallgo (EHGO)?

The 16-for-1 reverse stock split reduced the number of Eshallgo shares while proportionally increasing the trading price. This mechanical adjustment helped the share price meet Nasdaq’s $1.00 minimum bid requirement needed to maintain its Capital Market listing.

When did Nasdaq confirm Eshallgo Inc. (EHGO) had regained listing compliance?

Nasdaq confirmed Eshallgo’s renewed compliance on May 4, 2026. The decision followed ten consecutive business days, from April 20 to May 1, 2026, during which the company’s Class A shares closed at or above $1.00 per share.

What compliance periods did Nasdaq grant Eshallgo Inc. (EHGO)?

Nasdaq first granted a 180-day compliance period ending January 19, 2026. On January 20, 2026, Eshallgo received an additional 180 days, extending the deadline to July 20, 2026, to regain compliance with the minimum bid price requirement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/05/2026 - 04:30 PM Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number: 001-42154

ESHALLGO INC

No. 37, Haiyi Villa, Lane 97, Songlin Road

Pudong New District

Shanghai, China 200120

+86 400 100 7299

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☒ Form 40-F ☐

As previously disclosed, on July 23, 2025, Eshallgo Inc.  (the “Company”) received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that the minimum closing bid price per share for its class A ordinary shares, par value US$0.0001 per share, was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). Nasdaq provided the Company with a 180 calendar days compliance period, or until January 19, 2026, in which to regain compliance with Nasdaq continued listing requirement. On January 20, 2026, the Company was granted an additional 180 calendar days, until July 20, 2026, to regain compliance with the minimum bid price requirement of $1.00 per share, as stipulated by Nasdaq Listing Rule 5550(a)(2).

On April 10, 2026, the shareholders and Board of Directors of the Company approved the 16-for-1 reverse stock split of the Company’s ordinary shares in accordance with Cayman law and the corresponding filing of the ratio change. The reverse stock split was subsequently approved by Nasdaq to take effect on April 20, 2026, on Nasdaq Capital Market.

On May 4, 2026, the Company received a letter from Nasdaq confirming that the Company regained compliance with the minimum bid price requirement set forth in Rule 5550(a)(2) of the Nasdaq Listing Rules. For ten consecutive business days, beginning from April 20, 2026 to May 1, 2026, the closing bid price of the Company’s Class A ordinary shares has been at $1.00 per share or greater, and therefore the Company has regained compliance with the Nasdaq Capital Market’s listing requirements, effective May 4, 2026. 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Eshallgo Inc.
Date: May 5, 2026	By:	/s/ Qiwei Miao
	Name:	Qiwei Miao
	Title:	Chief Executive Officer

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