The path to reinstatement began on May 4, 2026, when Nasdaq notified the firm that its Class A ordinary shares had fallen below the $1.00 minimum bid price for 30 consecutive business days. To resolve the deficiency, the company needed to maintain a closing bid of at least $1.00 for ten consecutive trading sessions.
That milestone was achieved between September 1 and September 15, 2026. With the requirement met, the Listing Qualifications Department of Nasdaq issued a letter confirming the matter is now closed and the company remains in full compliance with all applicable exchange regulations.
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