NIP Group Inc. announced receipt of a Nasdaq Deficiency Letter dated March 24, 2026, notifying the company that its ADSs failed to meet the minimum $1.00 bid price requirement for 32 consecutive business days. The company has a 180-calendar day compliance period until September 21, 2026 to regain compliance.
Key takeaways
Nasdaq notified NIP Group Inc. on March 24, 2026 of non-compliance with the minimum bid price rule.
The closing bid price of the Company's ADSs was below US$1.00 for the last 32 consecutive business days.
The Company has 180 calendar days, until September 21, 2026, to regain compliance.
Compliance can be regained if the closing bid price is at least US$1.00 for a minimum of 10 consecutive business days.
The notice has no current effect on the listing or trading of the ADSs on Nasdaq.
The Company may be eligible for additional time if it does not regain compliance by the deadline.