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 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2026
Commission File Number: 001-36206
SOLAI Limited
428 South Seiberling Street
Akron, Ohio 44306
United States of America
+1 (346) 204-8537
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
x Form 40-F
¨
TABLE OF CONTENTS
Exhibit 99.1 Press release – SOLAI Limited Receives Additional Notice Regarding NYSE Continued Listing Standards
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.
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SOLAI LIMITED |
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By: |
/s/ Xianfeng Yang |
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Name: |
Xianfeng Yang |
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Title: |
Chief Executive Officer |
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| Date: May 26, 2026 |
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Exhibit 99.1
SOLAI Limited Receives Additional Notice Regarding
NYSE Continued Listing Standards
AKRON,
Ohio, May 26, 2026 /PRNewswire/ – SOLAI Limited (NYSE: SLAI) (previously traded under “BTCM”) (“SOLAI” or
the “Company”), a technology-driven personal AI and digital infrastructure provider, today announced that it received a letter
from the New York Stock Exchange (the “NYSE”), dated April 27, 2026, notifying the Company that it was not in compliance with
applicable market capitalization and equity criteria (the “Market Cap and Equity Criteria”) in the NYSE’s continued
listing standards because, as of April 24, 2026, the Company’s (i) average total market capitalization was less than US$50
million over a consecutive 30 trading-day period, and (ii) last reported stockholders’ equity as of December 31, 2025 was less than
US$50 million.
In accordance with procedures in the NYSE’s
Listed Company Manual, the Company has 90 calendar days following its receipt of the notice to submit a business plan to the NYSE that
demonstrates how the Company intends to regain compliance with the Market Cap and Equity Criteria within 18 months of receipt of the notice.
The Company has already acknowledged receipt of the notice and intends to develop and submit such a business plan to the NYSE. The business
plan will then be reviewed for final disposition by the NYSE. Any outstanding listing or annual fees must be paid in full before the business
plan is submitted to and reviewed by the NYSE.
If the NYSE accepts the plan, the Company will
be subject to quarterly monitoring for compliance with the business plan. If the NYSE does not accept the business plan, the Company will
be subject to suspension by the NYSE and delisting by the SEC.
Notwithstanding the foregoing, the NYSE may take
accelerated delisting action if the Company’s American Depositary Shares (“ADSs”) trade at levels viewed to be “abnormally
low,” which the NYSE generally views as trading below US$0.10.
The
NYSE notice does not affect the Company’s business operations, its U.S. Securities and Exchange Commission reporting requirements,
or its contractual obligations. The notice has no immediate impact on the listing of the Company’s ADSs, which will continue to
be listed and traded on the NYSE, subject to compliance with other NYSE continued listing standards, including the conditions set forth
in the NYSE’s letter dated January 29, 2026 for noncompliance with the US$1.00 over a 30 trading-day average price standard,
and other rights of the NYSE to delist the ADSs. The cure periods under the different standards work independently of each other, and
the NYSE could take delisting action under one standard while the Company remains in the cure period for the other. The Company will continue
to be included in the list of NYSE noncompliant issuers, and the below compliance (“.BC”) indicator will continue to be disseminated
with the Company’s ticker symbol(s). The website posting and .BC indicator will be removed when the Company has regained compliance
with all applicable continued listing standards.
About SOLAI Limited
SOLAI Limited (previously known as “BIT
Mining Limited”) (NYSE: SLAI) (previously traded under “BTCM”) is a technology-driven personal AI and digital infrastructure
provider. Building upon its historical legacy in digital asset mining and blockchain network operations, the Company is leveraging extensive
experience in large-scale hardware deployment, data center operations, and high-performance computing to build the foundational infrastructure
for personal AI computing and digital asset ecosystems globally.
Forward-Looking Statements
This news release contains forward-looking statements
within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation
Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,”
“anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,”
“target,” “going forward,” “outlook” and similar statements. These forward-looking statements include,
without limitation, statements regarding the Company’s plans to develop and submit a business plan to the NYSE, satisfy applicable
requirements under the NYSE Listed Company Manual, and regain compliance with the NYSE’s continued listing standards. Such statements
are based upon management’s current expectations and current market and operating conditions and relate to events that involve known
or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company’s
control, which may cause the Company’s actual results, performance or achievements to differ materially from those in the forward-looking
statements. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with
the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as
a result of new information, future events or otherwise, except as required under law.
For further information:
SOLAI Limited
ir@solai.com
ir.solai.com
www.solai.com
Christensen Advisory
Jason Ng
Tel: +852-2117-0861
Email: solai@christensencomms.com
