00:00
Growing Money
Growing Money
USD/RUB
EUR/RUB
Releases

Jinxin Technology Reclaims Nasdaq Listing Status

Ten consecutive trading days above the one-dollar threshold have effectively ended Jinxin Technology Holding Company’s brush with delisting. The Shanghai-based digital content provider confirmed receipt of a formal notification from Nasdaq, confirming that the firm has successfully reconciled its stock performance with the exchange’s minimum bid price requirements.

Jinxin Technology Reclaims Nasdaq Listing Status

The resolution follows a January 29, 2026, warning when the company's American depositary shares fell below the mandatory US$1.00 minimum for 30 straight business days. Under Nasdaq Listing Rule 5810(c)(3)(A), the firm faced a 180-day grace period to rectify the deficiency before risking removal from the board. By maintaining a closing price at or above the required floor between June 26 and July 10, 2026, Jinxin satisfied the exchange’s criteria, closing the matter ahead of the July 28 deadline.

Jinxin operates the Namibox platform, focusing on AI and AR-integrated educational content for Chinese primary and middle school students. The company distributes these services through telecom operators, third-party devices, and its own mobile application. With this compliance hurdle cleared, the firm continues its focus on partnerships with domestic textbook publishers and digital learning infrastructure.

Share

Comments (0)

Leave a comment

No comments yet. Be the first!