regulatory
confidence high
sentiment negative
materiality 0.85
ADDENTAX GROUP CORP. (ATXG): Nasdaq/NYSE listing notice — Addentax receives second 180-day Nasdaq extension to April 2026 to regain $1 minimum bid price
ADDENTAX GROUP CORP.
- Nasdaq granted Addentax an additional 180 days, until April 6, 2026, to comply with the $1 minimum bid price rule.
- Company's stock closed above $1 for ten consecutive days before Oct 6, 2025, but Nasdaq determined compliance not achieved.
- If bid price is ≥$1 for ten consecutive business days during the second period, Nasdaq will confirm compliance.
- Failure to comply by April 6, 2026 will result in delisting; Company may appeal the decision.
- Company may effect a reverse stock split to cure the deficiency and maintain listing.