CLPS News & Events

CLPS Incorporation announced that it received a notification letter from Listing Qualifications Department of The Nasdaq Stock Market dated May 27, 2026, indicating that the Company's closing bid price for its common shares fell below $1.00 per share for 30 consecutive trading days, which is not in compliance with Nasdaq Listing Rule 5450(a)(1) for continued listing on The Nasdaq Global Market. The Nasdaq notification does not affect CLPS's current listing or trading of the Company's securities on the Nasdaq Global Market. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure upon the receipt of a deficiency notification.

CLPS announced that its Board of Directors has approved a share repurchase program. Under the program, the Company is authorized to repurchase up to 1,000,000 of its outstanding common shares in the open market at prevailing market prices, specifically when the Company's share price is below $2.00 per share. The repurchase program is scheduled to commence on February 5, and will conclude on November 4. By implementing this program, the Board aims to reinforce the Company's value proposition within the marketplace and safeguard long-term shareholder interests.

CLPS released a letter to shareholders from the Chairman of its Board of Directors. "Looking back at the past year, CLPS remained steadfastly focused on disciplined execution and technological innovation, even as we navigated a dynamic global macroeconomic environment... 2025 served as a pivotal year of transformation for the Company... 1. Technological Innovation. Innovation remains at the core of CLPS's strategy. During the year, we made meaningful progress in advancing next-generation digital solutions across artificial intelligence, automation, Web3, and financial infrastructure... 2. Financial Performance and Outlook. In fiscal 2025, amid a cautious budgeting environment across our global client base, CLPS focused on diversifying its revenue streams and accelerating the development of a more resilient financial framework... Looking ahead, management is cautiously optimistic. While we sustain organic growth through core IT consulting services, we see growing demand for AI-enabled transformation, automation, and digital modernization solutions. 3. Strategic Partnerships. Partnerships were vital to advancing our innovation roadmap. We collaborated with The Bank of East Asia, Limited to conduct a Proof-of-Concept of Nibot, an advanced AI agent that integrates RPA and Generative Artificial Intelligence. 4. Operations and Organizational Development. Operational excellence remains a priority as we scale. We established the CLPS AI Innovation Committee, strengthening governance and strategic alignment around AI deployment. 5. Global Expansion. Fiscal 2025 marked a milestone in our international growth with the establishment of our Indonesia subsidiary. This move further deepens our localized footprint in the region and fulfills our commitment to cultivating Southeast Asia as a key growth market. 6. Business Diversification. CLPS continues to build a resilient, multi-sector business model.