NetClass Technology Faces Nasdaq Delisting Risk Over Minimum Bid Price Deficiency

Reuters01-30
NetClass Technology Faces Nasdaq Delisting Risk Over Minimum Bid Price Deficiency

NetClass Technology Inc. has received a notification from the Nasdaq Stock Market LLC indicating that the company is not in compliance with the minimum bid price requirement of $1 per share under Nasdaq Listing Rule 5550(a)(2). This deficiency could potentially impact the company's continued listing on the Nasdaq exchange. NetClass has been given 180 calendar days, until July 27, 2026, to regain compliance, and may be eligible for additional time if certain conditions are met. The company is currently evaluating its options to address the issue, but there is no assurance that compliance will be achieved. No other regulatory issues or tariffs are mentioned as impacting the company.

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. NetClass Technology Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9645521) on January 29, 2026, and is solely responsible for the information contained therein.

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