Addentax Group Corp. Faces Potential Nasdaq Delisting After Failing to Meet Minimum Bid Price Requirement
**Addentax Group Corp. Faces Nasdaq Delisting Risk Over Minimum Bid Price Rule** Addentax Group Corp. announced that it has received a notice from Nasdaq indicating the company is not in compliance with the exchange's minimum bid price requirement. The company's stock traded below $1.00 for 30 consecutive business days, triggering a warning under Nasdaq Listing Rule 5550(a)(2). Although Addentax was initially given until October 6, 2025, to regain compliance, Nasdaq has granted the company an additional 180 days, until April 6, 2026, to meet the requirement. To avoid delisting, Addentax's stock must close at or above $1.00 per share for at least 10 consecutive business days during this period. If compliance is not achieved by the deadline, the company could face delisting, though it has the right to appeal.
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. Addentax Group Corp. 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: 0001493152-25-017311), on October 07, 2025, and is solely responsible for the information contained therein.
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