Bit Origin Granted 180-Day Extension by Nasdaq to Meet Minimum Bid Price Compliance
Bit Origin Ltd Compliance Update
Additional Compliance Period Granted: Bit Origin Ltd has received a notification from Nasdaq allowing an additional 180-calendar-day compliance period, extending until February 16, 2026, to meet the minimum bid price requirement of $1.00 per share.
Previous Non-Compliance Notification: The company was initially notified on February 21, 2025, that it failed to meet the minimum bid price requirement for 30 consecutive business days, with the first compliance period ending on August 20, 2025.
Conditions for Compliance: To regain compliance, Bit Origin's ordinary shares must maintain a closing bid price of at least $1.00 for a minimum of ten consecutive business days during the new compliance period. Failure to comply by the deadline may lead to delisting, although the company can appeal such a decision.
Company Overview
Business Focus: Bit Origin Ltd is an emerging growth company that is actively deploying blockchain technologies and pursuing diversified expansion strategies.
Investor Communication: The company emphasizes that its announcements contain forward-looking statements, which are subject to risks and uncertainties, and it does not guarantee that these expectations will be met.
Contact Information: For further inquiries, investors can reach out to Mr. Jiang Jinghai, the Chairman and CEO, via email at ir@bitorigin.io.
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