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CLPS Incorporation Receives Nasdaq Notification Regarding Minimum Bid Price Requirements
CLPS has until Nov. 23, 2026, to lift its share price to $1 or more for 10 straight business days or risk delisting.
- On May 27, 2026, The Nasdaq Stock Market LLC notified CLPS Incorporation that its common shares fell below the $1.00 minimum bid price for 30 consecutive trading days, violating Nasdaq Listing Rule 5450.
- This non-compliance stems from a 30-day period ending May 26, 2026, during which the company's closing bid price remained below the required $1.00 threshold under Nasdaq Listing Rule 5810.
- Nasdaq granted CLPS a 180-calendar day compliance period ending November 23, 2026, to regain compliance; the notification does not currently affect business operations or listing status.
- To restore compliance, CLPS must maintain a closing bid of at least $1.00 for 10 consecutive business days, with management considering a potential reverse share split among remediation measures.
- If CLPS fails to regain compliance by November 23, 2026, the company may transfer to the Nasdaq Capital Market to secure an additional 180-day period for remediation before potential delisting.
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CLPS Incorporation Receives Nasdaq Notification Regarding Minimum Bid Price Requirements
HONG KONG, May 29, 2026 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS) today announced that it received a notification letter (the "Notification Letter") from Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") dated May 27,…
CLPS Incorporation Notified by Nasdaq Due to Stock Price Below $1.00 Minimum
CLPS Incorporation recently received notification from […] The post CLPS Incorporation Notified by Nasdaq Due to Stock Price Below $1.00 Minimum first appeared on GeneOnline News. The post CLPS Incorporation Notified by Nasdaq Due to Stock Price Below $1.00 Minimum appeared first on GeneOnline News.
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Leaning Left7Leaning Right3Center20Last UpdatedBias Distribution67% Center
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