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Nasdaq grants Scienjoy (NASDAQ: SJ) 180-day extension on $1 bid rule

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

Rhea-AI Filing Summary

Scienjoy Holding Corporation reported that Nasdaq has approved its request for an additional 180-day period to regain compliance with Nasdaq’s minimum closing bid price requirement of US$1.00 per share. The company now has until July 6, 2026 for its Class A ordinary shares to close at or above US$1.00 for at least 10, and generally not more than 20, consecutive business days to be deemed back in compliance.

If Scienjoy does not meet this bid-price standard by the end of the new compliance period, its shares may be subject to delisting from Nasdaq, although the company could then request a review of any delisting determination by a Nasdaq Hearings Panel.

Positive

  • None.

Negative

  • Scienjoy faces an explicit risk of Nasdaq delisting if it fails to lift its closing bid price to at least US$1.00 for the required trading days by July 6, 2026.

Insights

Nasdaq gave Scienjoy more time, but delisting risk remains if its share price stays below US$1.00.

Scienjoy Holding Corporation received a 180-day extension from Nasdaq, moving its deadline to regain compliance with the US$1.00 minimum closing bid price rule to July 6, 2026. To satisfy the rule, the stock must close at or above US$1.00 per share for at least 10, and generally not more than 20, consecutive business days during this period.

This development keeps the company listed on Nasdaq for now but underscores ongoing pressure on its share price. The filing explicitly notes that failure to regain compliance by July 6, 2026 could lead to a delisting determination, after which Scienjoy may seek a review by a Nasdaq Hearings Panel.

The key milestone is whether Scienjoy’s Class A ordinary shares achieve the required US$1.00 closing bid level for the specified run of trading days before the new deadline. Any future disclosures about listing status or bid-price performance in subsequent company communications will further clarify the situation.

 

 

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: 001-38799

 

SCIENJOY HOLDING CORPORATION

(Translation of registrant’s name into English)

 

Room 1118, 11th Floor, Building 3, Wangzhou Rd. No.99, Liangzhu Street

Yuhang District, Hangzhou, Zhejiang

People’s Republic of China

(Address of principal executive offices)

 

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

 

Form 20-F Form 40-F

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

Attached as Exhibit 99.1 to this report is a press release of Scienjoy Holding Corporation (the “Company”), dated January 9, 2026, announcing that Nasdaq approved the Company’s request for a 180 calendar day extension to regain compliance with the minimum bid price requirement.

 

EXPLANATORY NOTE

 

This Form 6-K is hereby incorporated by reference into the registration statement of the Company on Form S-8 (Registration Number 333-256373), the registration statement of the Company on Form S-8 (Registration Number 333-289804), and the registration statement of the Company on Form F-3 (Registration Number 333-280628), to the extent not superseded by documents or reports subsequently filed or furnished by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended.

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release

 

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.

 

  Scienjoy Holding Corporation
   
  By: /s/ Xiaowu He
  Name:  Xiaowu He
  Title: Chief Executive Officer

 

Date: January 9, 2026

 

2

 

Exhibit 99.1

 

Scienjoy Holding Corporation Granted Additional 180-Day Extension by Nasdaq to
Regain Compliance with Minimum Bid Price Rule

 

BEIJING, January 9, 2026 /PRNewswire/ -- Scienjoy Holding Corporation (“Scienjoy”, the “Company”, or “we”) (NASDAQ: SJ), an interactive entertainment leader in the Chinese market, today announced that on January 7, 2026, it received notification from The Nasdaq Stock Market LLC (“Nasdaq”) that Nasdaq approved the Company’s request for an additional 180-calendar day extension (the “Extension”) to regain compliance with the minimum closing bid price requirement of US$1.00 per share, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Rule”).

 

The Extension follows the expiration on January 6, 2026 of the initial 180-calendar day period to regain bid price compliance. As a result of the Extension, the Company now has until July 6, 2026 to regain compliance with the Rule (the “New Compliance Period”). If during the New Compliance Period, the bid price for Scienjoy’s Class A ordinary shares closes at or above US$1.00 per share for a minimum of 10, though generally not more than 20, consecutive business days, it is expected that Nasdaq would formally notify the Company that it has regained compliance with the Rule.

 

If the Company does not regain compliance with the Rule by July 6, 2026, it may be subject to delisting from Nasdaq. At that time, the Company may request a review of the delisting determination by a Nasdaq Hearings Panel.

 

About Scienjoy Holding Corporation

 

Scienjoy is a pioneering Nasdaq-listed interactive entertainment leader. Driven by the vision of shaping a metaverse lifestyle, Scienjoy leverages AI-powered technology to create immersive experiences that resonate with global audiences, fostering meaningful connections and redefining entertainment. For more information, please visit http://ir.scienjoy.com/.

 

Safe Harbor Statement

 

Certain statements made in this release are “forward looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company’s filings with the Securities and Exchange Commission (“SEC”) from time to time. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.

 

For investor and media inquiries, please contact:

 

Investor Relations Contacts
 

Denny Tang
Chief Financial Officer
Scienjoy Holding Corporation
+86-10-64428188
ir@scienjoy.com

 

Ascent Investor Relations LLC

 

Tina Xiao
+1-646-932-7242
investors@ascent-ir.com

 

FAQ

What did Scienjoy (SJ) announce regarding its Nasdaq listing status?

Scienjoy announced that Nasdaq approved its request for an additional 180-day extension to regain compliance with the minimum closing bid price requirement of US$1.00 per share.

What is the new deadline for Scienjoy (SJ) to regain Nasdaq bid price compliance?

Scienjoy now has until July 6, 2026 to regain compliance with Nasdaq Listing Rule 5550(a)(2) on the minimum US$1.00 closing bid price.

What must Scienjoy’s share price do to meet Nasdaq’s minimum bid price rule?

During the new compliance period, Scienjoy’s Class A ordinary shares must close at or above US$1.00 per share for at least 10, and generally not more than 20, consecutive business days to regain compliance.

What happens if Scienjoy (SJ) does not regain compliance by July 6, 2026?

If Scienjoy does not regain compliance with the minimum bid price rule by July 6, 2026, its shares may be subject to delisting from Nasdaq, and the company may then request a review of the delisting determination by a Nasdaq Hearings Panel.

Which Nasdaq rule is Scienjoy currently working to satisfy?

Scienjoy is working to satisfy Nasdaq Listing Rule 5550(a)(2), which requires a minimum closing bid price of US$1.00 per share.

Does the extension change Scienjoy’s operations or only its compliance timeline?

The disclosure focuses on Nasdaq granting Scienjoy a 180-day extension to meet the minimum bid price rule, affecting the timing of its compliance obligations rather than describing changes to its operations.
Scienjoy Holding Corp

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