STOCK TITAN

Li Bang International (Nasdaq: LBGJ) back in compliance with bid price rule

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Li Bang International Corporation Inc. has regained compliance with Nasdaq’s minimum bid price requirement for continued listing. Nasdaq notified the company on April 28, 2026 that it now satisfies Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share.

Nasdaq confirmed that from March 30 to April 27, 2026, the closing bid price of Li Bang’s Class A Ordinary Shares was at or above $1.00 for 20 consecutive business days, closing the prior deficiency matter that began with a notice on November 7, 2025.

Positive

  • Regained Nasdaq bid-price compliance, with shares closing at or above $1.00 for 20 consecutive business days, closing the prior deficiency and removing an immediate delisting risk tied to Listing Rule 5550(a)(2).

Negative

  • None.

Insights

Li Bang removes an active Nasdaq delisting risk by regaining bid-price compliance.

Li Bang International received confirmation on April 28, 2026 that it again meets Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share. This follows a prior deficiency notice issued on November 7, 2025.

The notification cites 20 consecutive business days, from March 30, 2026 to April 27, 2026, when the closing bid price of the company’s Class A Ordinary Shares was at or above $1.00. This closes the compliance matter and removes the immediate threat of delisting tied to that specific rule.

The change is structurally positive because continued listing on The Nasdaq Stock Market supports liquidity and visibility. Future company filings and market trading will determine whether the share price continues to satisfy the minimum bid standard over time.

Nasdaq minimum bid price $1.00 per share Required under Listing Rule 5550(a)(2) for continued listing
Non-compliance notice date November 7, 2025 Date Nasdaq notified Li Bang of bid-price deficiency
Compliance confirmation date April 28, 2026 Date Nasdaq confirmed Li Bang regained compliance
Consecutive compliant trading days 20 business days From March 30, 2026 to April 27, 2026 with bids at or above $1.00
Initial measurement period 30 consecutive business days Period during which closing bids stayed below $1.00 before November 7, 2025 notice
Nasdaq Listing Rule 5550(a)(2) regulatory
"confirming that the Company has regained compliance with the minimum bid price requirement for continued listing on The Nasdaq Stock Market"
minimum bid price requirement regulatory
"the Company has regained compliance with the minimum bid price requirement for continued listing on The Nasdaq Stock Market"
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.
foreign private issuer regulatory
"FORM 6-K 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.
forward-looking statements regulatory
"Certain statements in this announcement constitute “forward-looking” statements pursuant to the “safe harbor” provisions"
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.
Class A Ordinary Shares financial
"the closing bid price of the Company’s Class A Ordinary Shares was at $1.00 per share or greater"
Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

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

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FAQ

What did Nasdaq confirm in Li Bang International (LBGJ)’s latest 6-K filing?

Nasdaq confirmed that Li Bang International has regained compliance with its minimum bid price requirement. The company received a notification on April 28, 2026, stating the previous deficiency under Listing Rule 5550(a)(2) is now closed after consistent prices at or above $1.00.

Why was Li Bang International (LBGJ) previously non-compliant with Nasdaq rules?

Li Bang International was notified on November 7, 2025 that its securities failed to maintain a minimum $1.00 closing bid price for 30 consecutive business days. This triggered a deficiency under Nasdaq Listing Rule 5550(a)(2), putting its Nasdaq listing status at risk until compliance was restored.

How did Li Bang International (LBGJ) regain compliance with the $1.00 bid requirement?

The company regained compliance after its Class A Ordinary Shares closed at $1.00 per share or greater for 20 consecutive business days from March 30 to April 27, 2026. Nasdaq then issued a formal notice confirming the company again meets Listing Rule 5550(a)(2).

What does Nasdaq Listing Rule 5550(a)(2) mean for Li Bang International (LBGJ)?

Nasdaq Listing Rule 5550(a)(2) requires listed securities on the Capital Market to maintain a minimum bid price of $1.00 per share. For Li Bang International, compliance with this rule is essential to keep its shares listed and trading on The Nasdaq Stock Market.

Is the Nasdaq minimum bid price issue for Li Bang International (LBGJ) now resolved?

Yes. Nasdaq informed Li Bang International that the minimum bid price deficiency matter is closed. The decision followed 20 straight business days with a closing bid price of at least $1.00, confirming the company currently satisfies the continued listing requirement under Listing Rule 5550(a)(2).

What business does Li Bang International (LBGJ) operate while listed on Nasdaq?

Li Bang International designs, develops, produces, and sells stainless-steel commercial kitchen equipment in China under its “Li Bang” brand. The company also offers design, installation, and after-sales maintenance services, aiming to be a leading commercial kitchen appliance manufacturer in its domestic market.

 

 

 

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 April 2026

 

Commission File Number: 001-42378

 

Li Bang International Corporation Inc.

(Exact Name of Registrant as Specified in its Charter)

 

No. 190 Xizhang Road, Gushan Town,

Jiangyin City, Jiangsu Province

People’s Republic of China

+86 0510-81630030

(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 ☐

 

 

 

 
 

 

Li Bang International Corporation Inc. Has Regained Compliance with Nasdaq Minimum Bid Price Requirement

 

On April 28, 2026, Li Bang International Corporation Inc., a Cayman Islands exempted company (the “Company”), received a formal notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), indicating that the Company had regained compliance with Nasdaq Listing Rule 5550(a)(2) which requires listed securities to maintain a minimum bid price of $1.00 per share (the “Rule”) and this matter was closed.

 

As previously disclosed, the Company was notified by Nasdaq on November 7, 2025 that it was not in compliance with the Rule because the closing bid price of its listed securities was below $1.00 per share for 31 consecutive business days. The Company had until May 6, 2026 to regain compliance with the Rule. If the Company does not regain compliance with the Rule by May 6, 2026, the Company may be afforded a second 180 calendar day period to regain compliance.

 

On April 28, 2026, the Company issued a press release announcing the compliance notification from Nasdaq. A copy of the press release is filed as Exhibit 99.1 to this current report.

 

Incorporation By Reference

 

This current report on Form 6-K is hereby incorporated by reference into the registration statement of Li Bang International Corporation Inc. on Form F-3 (File No. 333-291772), to be a part thereof from the date on which this current report on Form 6-K is submitted and to the extent not superseded by documents or reports subsequently filed or furnished.

 

Exhibit Index

 

Exhibit No.   Description
99.1   Press Release: Li Bang International Announces Regaining Compliance with Nasdaq Minimum Bid Price Requirement

 

2
 

 

SIGNATURES

 

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

 

  Li Bang International Corporation Inc.
     
Date: April 28, 2026 By: /s/ Feng Huang
    Feng Huang
    Chief Executive Officer
       

 

3

 

 

Exhibit 99.1

 

 

Li Bang International Announces Regaining Compliance with Nasdaq Minimum Bid Price Requirement

 

JIANGYIN, China, Apr. 28, 2026 - Li Bang International Corporation Inc. (“Li Bang International”) and its subsidiaries (collectively, the “Company,” “we,” “us,” “our company,” or “Li Bang”) (Nasdaq: LBGJ), a company engaged in designing, developing, producing, and selling stainless steel commercial kitchen equipment in China, today announced that on April 28, 2026, the Company received a formal notification letter from the Nasdaq Listing Qualifications Department confirming that the Company has regained compliance with the minimum bid price requirement for continued listing on The Nasdaq Stock Market.

 

Previously on November 7, 2025, Nasdaq notified the Company that its  listed securities failed to maintain a minimum closing bid price of $1.00 per share over the previous 30 consecutive business days, as required by the Nasdaq Listing Rule 5550(a)(2).

 

The recent notification from Nasdaq indicated that for the 20 consecutive business days from March 30, 2026, to April 27, 2026, the closing bid price of the Company’s Class A Ordinary Shares was at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and Nasdaq has stated that this matter is now closed.

 

About Li Bang International Corporation Inc.

 

Li Bang International Corporation Inc. specializes in the development, production, and sale of stainless-steel commercial kitchen equipment under its own “Li Bang” brand in China. In addition to its product offerings, the Company provides comprehensive services from early-stage design of commercial kitchen appliances to equipment installation and after-sales maintenance. Committed to innovation and high-quality, the Company uses modern production facilities and mature procedures and strives to become a first-class commercial kitchen appliance manufacturer in China. The Company’s long-term vision is to establish itself as a household name, synonymous with the products it manufactures. For more information, please visit the company’s website at https://ir.libangco.cn.

 

 
 

 

Forward Looking Statements

 

Certain statements in this announcement constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may”, “could”, “will”, “should”, “would”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “project” or “continue” or the negative of these terms or other comparable terminology. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s financial results filings with the U.S. Securities and Exchange Commission.

 

CONTACTS

 

Li Bang International Corporation Inc.

Investor Relations Department

Email: guanli@libangco.cn

 

WFS Investor Relations

Email: services@wealthfsllc.com

Phone: +1 628 283 9214

 

 

 

Filing Exhibits & Attachments

2 documents