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Nasdaq warns NIP Group (NASDAQ: NIPG) over sub-US$1.00 bid price

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

Rhea-AI Filing Summary

NIP Group Inc. reported that Nasdaq has notified the company its American depositary shares have traded below the US$1.00 minimum bid price for 32 consecutive business days, triggering a deficiency notice. The ADSs remain listed, and NIP Group has 180 days, until September 21, 2026, to regain compliance by having a closing bid of at least US$1.00 for 10 straight business days. The company states that the notice does not affect its current operations and that it plans to take reasonable measures to restore compliance.

Positive

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Insights

Nasdaq bid-price deficiency introduces listing risk but leaves operations unchanged.

NIP Group has received a Nasdaq notice because its ADS closing bid stayed below US$1.00 for 32 consecutive business days. Under Nasdaq rules, it now has a 180-day window, until September 21, 2026, to regain compliance.

The company can cure the deficiency if its ADSs close at or above US$1.00 for at least 10 consecutive business days during this period. If it fails, Nasdaq staff may allow additional time, but that remains subject to Nasdaq’s determination.

The notice does not change current trading status or day-to-day business, yet it highlights market pressure on the share price. Subsequent disclosures will clarify any concrete steps the company takes to address the minimum bid requirement.

 

 

 

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 March 2026

 

Commission File Number: 001-42160

 

 

 

NIP Group Inc.

 

 

 

Rosenlundsgatan 31

11 863 Stockholm

Sweden

+46 8133700

(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 ☐

 

 

 

 
 

 

EXHIBIT INDEX

 

Exhibit No.   Description
     
Exhibit 99.1   Press Release - NIP Group Inc. Announces Receipt of Nasdaq Notice


 

 
 

 

SIGNATURE

 

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.

 

  NIP Group Inc.
   
  By: /s/ Mario Yau Kwan Ho
  Name: Mario Yau Kwan Ho
  Title: Co-Chief Executive Officer
     
  By: /s/ Hicham Chahine
  Name: Hicham Chahine
  Title: Co-Chief Executive Officer

 

Date: March 27, 2026

 

 

 

Exhibit 99.1

 

NIP Group Inc. Announces Receipt of Nasdaq Notice

 

ABU DHABI, United Arab Emirates, March 27, 2026 — NIP Group Inc. (“NIPG” or the “Company”) (NASDAQ: NIPG) today announced that it has received a written notification (the “Deficiency Letter”) from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated March 24, 2026, indicating that for the last 32 consecutive business days, the closing bid price of the Company’s American depositary shares (the “ADSs”) was below the minimum bid price requirement of US$1.00 per share set forth in Nasdaq Listing Rule 5450(a)(1). The Deficiency Letter has no current effect on the listing or trading of the Company’s ADSs on Nasdaq.

 

Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company is provided with a compliance period of 180 calendar days, or until September 21, 2026 (the “Compliance Period”), to regain compliance with Nasdaq’s minimum bid price requirement. If, at any time during the Compliance Period, the closing bid price of the Company’s ADSs is at least US$1.00 for a minimum of 10 consecutive business days, Nasdaq will provide the Company with written confirmation of compliance and the matter will be closed.

 

In the event the Company does not regain compliance by September 21, 2026, subject to the determination by the staff of Nasdaq, the Company may be eligible for additional time.

 

The Deficiency Letter has no effect on the Company’s business operations, and the Company will take all reasonable measures to regain compliance.

 

About NIP Group

 

NIP Group (NASDAQ: NIPG) operates at the nexus of Bitcoin mining, compute infrastructure and global digital entertainment. Rooted in a decade of gaming DNA and industry leadership, the Company brings a cultural and community-driven edge to digital asset operations. Headquartered in Abu Dhabi with teams worldwide, NIP Group pairs significant compute capacity with a global gaming and entertainment ecosystem including esports teams, live events and content networks, reaching hundreds of millions of fans.

 

Safe Harbor Statements

 

This press release contains statements that constitute “forward-looking” statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” or other similar expressions. Among other things, the business outlook and quotations from management in this press release, as well as NIPG’s strategic and operational plans, contain forward-looking statements. NIPG may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about NIPG’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIPG’s growth strategies; its future business development, results of operations and financial condition; its ability to maintain and enhance the recognition and reputation of its brand; developments in the relevant governmental laws, regulations, policies toward NIPG’s industry; and general economic and business conditions globally and in the countries or regions where NIPG has operations; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIPG’s filings with the SEC. All information provided in this press release is as of the date of this press release, and NIPG undertakes no obligation to update any forward-looking statement, except as required under applicable law.

 

For investor and media inquiries, please contact:

 

NIP Group Inc.

Investor Relations: ir@nipgroup.gg

Public Relations: pr@nipgroup.gg

 

 

FAQ

What Nasdaq notice did NIP Group Inc. (NIPG) receive?

NIP Group received a Nasdaq deficiency notice because its ADS closing bid stayed below US$1.00 for 32 consecutive business days, violating Nasdaq Listing Rule 5450(a)(1) on the minimum bid price requirement for continued listing.

Does the Nasdaq deficiency notice affect NIP Group Inc.’s current listing?

The notice currently has no effect on NIP Group’s listing or trading. Its ADSs continue to trade on Nasdaq while the company is given time to regain compliance with the US$1.00 minimum bid-price requirement.

How long does NIP Group Inc. have to regain Nasdaq bid-price compliance?

NIP Group has a 180-day compliance period, ending September 21, 2026. Regaining compliance requires the ADS closing bid price to meet or exceed US$1.00 for at least 10 consecutive business days within that timeframe.

What happens if NIP Group Inc. cannot regain compliance by September 21, 2026?

If NIP Group does not regain compliance by September 21, 2026, Nasdaq staff may, at their discretion, grant additional time. Any such extension would depend on Nasdaq’s determination and applicable listing rules at that stage.

How does NIP Group Inc. plan to respond to the Nasdaq deficiency notice?

NIP Group states it will take all reasonable measures to regain compliance with Nasdaq’s minimum bid price rule. The company also notes that the deficiency notice does not affect its current business operations or ongoing activities.

What business does NIP Group Inc. (NIPG) operate in?

NIP Group operates at the intersection of Bitcoin mining, compute infrastructure, and global digital entertainment. It combines significant compute capacity with esports teams, live events, and content networks, serving a large international gaming and entertainment audience.

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NIP Group Inc.

NASDAQ:NIPG

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