Haoxin Holdings Faces Nasdaq Delisting Risk Over Minimum Bid Price Compliance

Reuters12-18

Haoxin Holdings Faces Nasdaq Delisting Risk Over Minimum Bid Price Compliance

Haoxin Holdings Ltd. has received a notification from the Nasdaq Stock Market stating that the company is not in compliance with the Minimum Bid Price Requirement, as its Class A ordinary shares have closed below $1.00 per share for 31 consecutive business days. The company has until June 15, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive business days. If Haoxin fails to meet this requirement, it may be eligible for an additional 180-day compliance period, provided it meets other listing requirements and takes steps to address the deficiency, such as a potential reverse stock split. The company is actively monitoring the situation and considering available options to maintain its Nasdaq listing.

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. Haoxin Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9603860) on December 17, 2025, and is solely responsible for the information contained therein.

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