Jinxin Technology regains Nasdaq bid price compliance
Jinxin Technology Holding Company reported that Nasdaq has 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
Jinxin Technology Holding Company reported that Nasdaq has 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’s Listing Qualifications Department sent written notification on July 13, 2026, and stated that the deficiency matter is now closed.
The company had previously received a deficiency notice on January 29, 2026 and was granted a 180-day cure period through July 28, 2026. Compliance was achieved after the company’s American depositary shares closed at or above US$1.00 for 10 consecutive business days from June 26, 2026 to July 10, 2026.
Positive
- Nasdaq has confirmed Jinxin Technology Holding Company has regained compliance with the Minimum Bid Price Requirement of US$1.00 per share after its ADSs maintained that level for 10 consecutive business days, and Nasdaq has closed the deficiency matter.
Negative
- None.
Key Figures
Minimum Bid Price Requirement: US$1.00 per share
Compliance measurement period: June 26, 2026 to July 10, 2026
Initial deficiency notice date: January 29, 2026
+2 more
5 metrics
Minimum Bid Price Requirement
US$1.00 per share
Required minimum bid price under Nasdaq Listing Rule 5550(a)(2)
Compliance measurement period
June 26, 2026 to July 10, 2026
10 consecutive business days with closing bid at or above US$1.00
Initial deficiency notice date
January 29, 2026
Date Nasdaq notified the company of minimum bid price deficiency
Cure period length
180 calendar days
Time granted under Nasdaq Listing Rule 5810(c)(3)(A) to regain compliance
Compliance deadline
July 28, 2026
End of the 180-day period to satisfy the Minimum Bid Price Requirement
Key Terms
Nasdaq Listing Rule 5550(a)(2), Minimum Bid Price Requirement, American depositary shares, forward-looking statements
4 terms
Nasdaq Listing Rule 5550(a)(2) regulatory
"regained compliance with Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”)"
Minimum Bid Price Requirement regulatory
"below the Minimum Bid Price Requirement of US$1.00 per share, resulting in a minimum bid price deficiency"
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.
forward-looking statements regulatory
"This announcement contains forward-looking statements. These statements are made under 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.
FAQ
What did Jinxin Technology Holding Company (NAMI) announce about its Nasdaq listing status?
Jinxin Technology announced it has regained compliance with Nasdaq’s Minimum Bid Price Requirement. Nasdaq notified the company on July 13, 2026 that the prior minimum bid price deficiency has been resolved and the deficiency matter is now closed.
How did NAMI regain compliance with Nasdaq’s Minimum Bid Price Requirement?
NAMI regained compliance by maintaining a closing bid price at or above US$1.00 per ADS for 10 consecutive business days, from June 26, 2026 to July 10, 2026, satisfying Nasdaq Listing Rule 5550(a)(2).
When was NAMI first notified of its Nasdaq minimum bid price deficiency?
NAMI was first notified on January 29, 2026 that its ADSs had closed below the US$1.00 Minimum Bid Price Requirement for 30 consecutive business days, resulting in a minimum bid price deficiency under Nasdaq rules.
How long did NAMI have to cure its Nasdaq bid price deficiency?
Under Nasdaq Listing Rule 5810(c)(3)(A), NAMI was granted 180 calendar days, until July 28, 2026, to regain compliance with the Minimum Bid Price Requirement before further actions under the listing rules could be considered.
What business does Jinxin Technology Holding Company (NAMI) operate?
Jinxin Technology is an innovative digital content and interactive communication services provider in China. Through its Namibox platform, it delivers AI-, AR-, and digital human-powered, curriculum-aligned products for primary and middle school students in cooperation with major textbook publishers.
What securities of NAMI are subject to Nasdaq’s Minimum Bid Price Requirement?
The Minimum Bid Price Requirement applies to NAMI’s American depositary shares (ADSs). Nasdaq previously found the ADSs traded below US$1.00 per share for 30 consecutive business days, triggering the minimum bid price deficiency that has now been cured.
AI-generated analysis. How Rhea-AI works. Not financial advice.
