regulatory
confidence high
sentiment negative
materiality 0.75
ZW Data Action Technologies Inc. (CNET): Nasdaq/NYSE listing notice — ZW Data Action Technologies receives Nasdaq deficiency notice for bid price below $1.00
ZW Data Action Technologies Inc.
- Received Nasdaq Deficiency Letter on March 26, 2026 for non-compliance with minimum bid price requirement (bid price below $1.00 for 30 consecutive business days).
- Common stock continues trading on Nasdaq Capital Market under symbol CNET; granted 180 days until September 22, 2026 to regain compliance.
- To regain compliance, bid price must close at $1.00 or more for at least 10 consecutive business days before deadline.
- If not cured, Company may be eligible for additional 180-day period if it meets other listing standards and provides cure intention (e.g., reverse stock split).
- Company intends to monitor bid price and evaluate options, but no assurance of regaining compliance.