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Xiao-I Corporation Announces Receipt of Nasdaq Listing Deficiency Notices
Xiao-I Corporation's American Depositary Shares fell below $1.00 and $15 million market value for 30 days, triggering Nasdaq deficiency notices with 180 days to regain compliance.
- On Dec. 24, 2025, Xiao-I Corporation said it received notices from Nasdaq's Listing Qualifications Department indicating noncompliance with listing requirements, with no immediate effect on its ADSs.
- Nasdaq said the ADSs traded below $1.00 for 30 consecutive business days from November 3, 2025 through December 15, 2025, issuing a minimum bid price notice under Nasdaq Listing Rule 5450 on December 16, 2025.
- Nasdaq found the Company's MVPHS fell below the required threshold of at least $15.0 million based on 30 consecutive business days from November 4, 2025 through December 16, 2025, and the Company received the related notice on December 17, 2025.
- Under the cure rules, Nasdaq will confirm compliance if the ADS closes at least $1.00 or MVPHS reaches $15.0 million for ten consecutive business days by June 15, 2026.
- The Company said it will assess options and plans to regain compliance, believing it has potential options and remains committed to working diligently within the prescribed compliance periods.
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Xiao-I Corporation Announces Receipt of Nasdaq Listing Deficiency Notices
·Indianapolis, United States
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