Classover Holdings Faces Nasdaq Delisting Risk Over Low Share Price

Reuters11-27
Classover Holdings Faces Nasdaq Delisting Risk Over Low Share Price

Classover Holdings Inc. has received a notice from the Nasdaq Stock Market for failing to meet the minimum bid price requirement of $1.00 per share, as outlined in Nasdaq Listing Rule 5550(a)(2). The company's Class B Common Stock traded below this threshold for 30 consecutive business days. Classover now has 180 calendar days, until May 20, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. Failure to do so could result in delisting, though an additional 180-day extension may be possible if certain criteria are met. The company's shares and warrants currently continue to trade as usual.

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. Classover Holdings Inc. 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: 0001477932-25-008622), on November 26, 2025, and is solely responsible for the information contained therein.
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