Webus International Receives Nasdaq Warning Over Minimum Bid Price Compliance

Reuters01-08
Webus International Receives Nasdaq Warning Over Minimum Bid Price Compliance

Webus International Ltd. has received a notice from the Nasdaq Stock Market indicating that the company is not in compliance with the minimum bid price requirement of $1.00 per share, as set by Nasdaq Listing Rule 5550(a)(2). The company has been given 180 calendar days, until June 29, 2026, to regain compliance by achieving a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days. This notice does not have an immediate effect on the trading or listing of the company's shares, and Webus International Ltd. is considering options to address the deficiency.

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. Webus International Ltd. 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: 0001575872-26-000016), on January 07, 2026, and is solely responsible for the information contained therein.

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