Addentax Group Faces Nasdaq Delisting Risk Over Sub-$1 Share Price

Reuters12-05

Addentax Group Faces Nasdaq Delisting Risk Over Sub-$1 Share Price

Addentax Group Corp. has received a notice from the Nasdaq Stock Market indicating that its common stock has traded below the $1.00 minimum bid price requirement for 30 consecutive business days, putting it out of compliance with Nasdaq Listing Rule 5550(a)(2). The company has been granted a 180-day compliance period, ending June 1, 2026, to regain compliance by having its shares close at or above $1.00 for at least ten consecutive business days. If the company fails to meet this requirement within the initial period, it may qualify for an additional 180-day extension, provided it meets other listing criteria and submits a plan to address the deficiency, potentially including a reverse stock split. The notice does not trigger immediate delisting and the stock continues to trade under the ATXG symbol.

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: 0001493152-25-026180), on December 04, 2025, and is solely responsible for the information contained therein.

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