regulatory
confidence high
sentiment negative
materiality 0.75
DATASEA INC.: Nasdaq/NYSE listing notice — Datasea receives Nasdaq minimum bid price deficiency notice; cure period until Sept 23, 2026
DATASEA INC.
- Nasdaq staff determination on March 27, 2026: DTSS common stock failed $1 minimum bid price for 30 consecutive business days.
- Initial 180-day compliance period ends September 23, 2026; need closing bid >= $1 for 10 consecutive trading days.
- If not cured by Sept 23, may qualify for second 180-day period if meets other listing standards and intends reverse split.
- Failure to regain compliance could result in Nasdaq delisting; company will monitor and consider available options.