---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-002750"
form_type: "8-K"
ticker: "GXAI"
cik: "0001895618"
company_name: "GAXOS.AI INC."
filed_at: "2024-01-10T23:59:59+00:00"
generated_at: "2026-06-07T01:05:56.598082+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Gaxos.ai receives Nasdaq delisting notice; trading suspension set for Jan 18, 2024 unless appeal

## Summary
- Nasdaq notified Gaxos.ai on Jan 9, 2024 that it failed to regain compliance with $1 minimum bid price rule.
- Company not eligible for second 180-day period because it does not meet minimum stockholders' equity initial listing requirement.
- Trading suspension and Form 25-NSE filing scheduled for Jan 18, 2024 unless company appeals to a Hearings Panel.
- Company intends to submit a hearing request and a plan including a potential reverse stock split to regain compliance.

## SEC filing metadata
- accession: 0001213900-24-002750
- form_type: 8-K
- ticker: GXAI
- cik: 0001895618
- company_name: GAXOS.AI INC.
- filed_at: 2024-01-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1895618/000121390024002750/0001213900-24-002750-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1895618/000121390024002750/ea191483-8k_gaxosaiinc.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-002750
- JSON: https://secwatch.observer/filing/0001213900-24-002750.json
- Plain text: https://secwatch.observer/filing/0001213900-24-002750.txt

## Key facts
- Listing & Compliance Notices
  GAXOS.AI INC. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: January 9, 2024, the Staff notified the Company that it has not regained compliance with Listing Rule 5550(a)(2) and is not eligible for a second 180 day period because the Company does not comply with the minimum stockholders’ equity initial listing requirement for The Nasdaq Capital Market (the “Delisting Determination”). Further, unless the Company requests an appeal of the Delisting Determination to a Hearings Panel (the “Panel”), the Company’s securities will be scheduled for delisting from the Nasdaq Capital Market and will be suspended at the opening of business on January 18, 2024, and
  evidence_url: https://www.sec.gov/Archives/edgar/data/1895618/000121390024002750/0001213900-24-002750-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.