Gaxos.ai receives Nasdaq notice for failing $1 minimum bid price rule

Bitget2026/10/01 20:17

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Nasdaq notified Gaxos.ai of non-compliance with the $1.00 minimum bid price rule for continued listing on the Nasdaq Capital Market.
The deficiency followed the stock’s closing bid price staying below $1.00 for 30 consecutive business days from Aug. 14 to Sept. 25, 2026.
Trading continues under ticker GXAI, with a 180-day window to regain compliance by March 29, 2027.
Compliance requires a closing bid price of at least $1.00 for 10 consecutive business days; a second 180-day cure period is possible.
A reverse stock split is among options under consideration if needed to restore compliance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gaxos.ai Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-105791), on October 01, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Gaxos.ai receives Nasdaq notice for failing $1 minimum bid price rule

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