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Eshallgo (EHGO) granted Nasdaq extension to July 20, 2026 for $1 bid

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Eshallgo Inc. reports that Nasdaq has granted it an additional 180 days, until July 20, 2026, to regain compliance with the exchange’s minimum bid price rule, which requires its class A ordinary shares to close at or above $1.00 per share. The company had previously fallen below this level for 30 consecutive business days, triggering a deficiency notice under Nasdaq Listing Rule 5550(a)(2).

If Eshallgo does not meet the minimum bid price requirement by the new deadline, Nasdaq staff will issue a written notice that its securities will be delisted, although the company would then have the right to appeal to a Hearings Panel. Eshallgo states that it is evaluating options and intends to use all reasonable efforts to regain compliance and maintain its Nasdaq listing.

Positive

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Insights

Nasdaq grants more time, but delisting risk remains if Eshallgo cannot lift its share price.

Eshallgo Inc. remains below Nasdaq’s required $1.00 minimum bid price but has secured an extra 180-day grace period to fix the issue, extending its deadline to July 20, 2026. The trigger was 30 consecutive business days with a closing bid under $1.00, which placed the company in violation of Listing Rule 5550(a)(2).

This extension keeps the Nasdaq listing intact for now, but it does not resolve the underlying problem of a depressed share price. If the company fails to regain compliance by the new deadline, Nasdaq staff will move to delist the securities, though Eshallgo could appeal to a Hearings Panel. The company notes it is evaluating options and plans to use reasonable efforts to meet the continued listing standard.

 

 

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 January 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 received a letter from Nasdaq, indicating that the Company is 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). If compliance cannot be demonstrated by July 20, 2026, Nasdaq staff will provide written notification that the Company’s securities will be delisted. At that time, the Company may appeal Nasdaq staff’s determination to a Hearings Panel.

 

The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement. The Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2).

 

1

 

 

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: January 21, 2026 By: /s/ Qiwei Miao
  Name:  Qiwei Miao
  Title: Chief Executive Officer

 

2

FAQ

Why did Eshallgo Inc. (EHGO) receive a Nasdaq deficiency notice?

Eshallgo Inc. received a deficiency notice because the minimum closing bid price of its class A ordinary shares was below $1.00 per share for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2).

What extension did Nasdaq grant to Eshallgo Inc. (EHGO)?

Nasdaq granted Eshallgo Inc. an additional 180 calendar days, until July 20, 2026, to regain compliance with the $1.00 per share minimum bid price requirement.

What happens if Eshallgo Inc. (EHGO) does not regain compliance by July 20, 2026?

If Eshallgo does not regain compliance with the $1.00 minimum bid price requirement by July 20, 2026, Nasdaq staff will issue written notification that its securities will be delisted, and the company may then appeal to a Hearings Panel.

How is Eshallgo Inc. (EHGO) responding to the Nasdaq bid price issue?

Eshallgo Inc. states that it is evaluating options to regain compliance and intends to use all reasonable efforts to meet Nasdaq’s continued listing requirement under Rule 5550(a)(2).

Does the extension mean Eshallgo Inc. (EHGO) is now compliant with Nasdaq rules?

No. The extension to July 20, 2026 gives Eshallgo more time to regain compliance, but the company remains out of compliance with the $1.00 per share minimum bid price rule until it sustains the required bid price level.
Eshallgo Inc

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