NIP Group receives Nasdaq deficiency notice over minimum bid price

NIP Group Inc. (NIPG [https://seekingalpha.com/symbol/NIPG]) announced that it received a deficiency letter [https://seekingalpha.com/pr/20454373-nip-group-inc-announces-receipt-of-nasdaq-notice] from Nasdaq on March 24, 2026, stating that for the last 32 business days, the closing bid price of the company’s American depositary shares (ADSs) has been below the minimum requirement of $1.00 per share.
The notice does not currently affect the listing or trading of the ADSs on Nasdaq.
According to Nasdaq Listing Rule 5810(c)(3)(A [https://seekingalpha.com/symbol/A]), the company has 180 calendar days, or until September 21, 2026, to regain compliance with the minimum bid price requirement. If the closing bid price reaches at least $1.00 for 10 consecutive business days during this period, the company will receive written confirmation of compliance.
If compliance is not regained by September 21, 2026, the company may qualify for additional time. The notice does not impact the company's operations, and it will take steps to regain compliance.
MORE ON NIP GROUP
* NIP Group produces 151.4 BTC in initial operating period [https://seekingalpha.com/news/4539438-nip-group-produces-1514-btc-in-initial-operating-period]
* Historical earnings data for NIP Group [https://seekingalpha.com/symbol/NIPG/earnings]
* Financial information for NIP Group [https://seekingalpha.com/symbol/NIPG/income-statement]
Google