Xiao-I Corporation Regains Compliance with Nasdaq Listing Rules
Xiao-I (NASDAQ: AIXI), a leading artificial intelligence company, has successfully regained compliance with Nasdaq's minimum bid price requirement. The company received a written notice from Nasdaq on September 9, 2024, confirming its adherence to Listing Rule 5450(a)(1) for continued listing on the Nasdaq Global Market.
Previously, on July 11, 2024, Xiao-I was notified of its failure to maintain a $1.00 minimum closing bid price for its American Depositary Share (ADS) over 30 consecutive business days. The company was given a compliance period to meet this requirement. Xiao-I has now maintained a closing bid price of $1.00 or more for 10 consecutive business days, from August 23 to September 8, 2024, satisfying Nasdaq's conditions. As a result, Nasdaq has closed the matter, confirming Xiao-I's compliance with listing rules.
Xiao-I (NASDAQ: AIXI), un'importante azienda di intelligenza artificiale, ha ripreso con successo la conformità ai requisiti di prezzo minimo di offerta di Nasdaq. La società ha ricevuto una comunicazione scritta da Nasdaq il 9 settembre 2024, confermando la sua conformità alla Regola di quotazione 5450(a)(1) per la continua quotazione sul Nasdaq Global Market.
In precedenza, l'11 luglio 2024, Xiao-I era stata avvisata della sua incapacità di mantenere un prezzo di chiusura minimo di $1,00 per il suo American Depositary Share (ADS) per oltre 30 giorni lavorativi consecutivi. Alla società è stato concesso un periodo di conformità per soddisfare questo requisito. Xiao-I ha ora mantenuto un prezzo di chiusura di $1,00 o più per 10 giorni lavorativi consecutivi, dal 23 agosto all'8 settembre 2024, soddisfacendo così le condizioni di Nasdaq. Di conseguenza, Nasdaq ha chiuso la questione, confermando la conformità di Xiao-I alle regole di quotazione.
Xiao-I (NASDAQ: AIXI), una empresa líder en inteligencia artificial, ha logrado recuperar con éxito el cumplimiento del requisito de precio mínimo de oferta de Nasdaq. La compañía recibió un aviso por escrito de Nasdaq el 9 de septiembre de 2024, confirmando su adhesión a la Regla de Cotización 5450(a)(1) para la cotización continua en el Nasdaq Global Market.
Anteriormente, el 11 de julio de 2024, a Xiao-I se le notificó su incumplimiento al no mantener un precio de oferta mínima de cierre de $1.00 por sus American Depositary Shares (ADS) durante más de 30 días hábiles consecutivos. A la compañía se le otorgó un período de cumplimiento para satisfacer este requisito. Xiao-I ha mantenido ahora un precio de cierre de $1.00 o más durante 10 días hábiles consecutivos, desde el 23 de agosto hasta el 8 de septiembre de 2024, cumpliendo con las condiciones de Nasdaq. Como resultado, Nasdaq ha cerrado el asunto, confirmando el cumplimiento de Xiao-I con las reglas de cotización.
샤오아이 (NASDAQ: AIXI), 선도적인 인공지능 회사,는 나스닥의 최소 입찰 가격 요건을 성공적으로 준수하였습니다. 이 회사는 2024년 9월 9일 나스닥으로부터 서면 통지를 받았으며, 나스닥 글로벌 마켓에서 계속 상장하기 위해 제5450(a)(1) 목록 규칙을 준수하고 있음을 확인했습니다.
이전인 2024년 7월 11일 샤오아이는 30일 연속 영업일 동안 미국 예탁 주식(ADS)의 최소 종가 $1.00을 유지하지 못했다는 통지를 받았습니다. 회사는 이 요건을 충족하기 위해 준수 기간을 부여받았습니다. 샤오아이는 이제 2024년 8월 23일부터 9월 8일까지 10일 연속으로 $1.00 이상의 종가를 유지하여 나스닥의 조건을 충족하였습니다. 그 결과, 나스닥은 이 문제를 종결하며 샤오아이의 상장 규정 준수를 확인했습니다.
Xiao-I (NASDAQ: AIXI), une entreprise leader dans le domaine de l'intelligence artificielle, a réussi à rétablir sa conformité avec l'exigence de prix d'offre minimum de Nasdaq. La société a reçu un avis écrit de Nasdaq le 9 septembre 2024, confirmant son respect de la règle de cotation 5450(a)(1) pour le maintien de sa cotation sur le Nasdaq Global Market.
Auparavant, le 11 juillet 2024, Xiao-I avait été informée de son incapacité à maintenir un prix d'offre minimum de clôture de $1,00 pour ses American Depositary Shares (ADS) pendant plus de 30 jours de bourse consécutifs. La société a bénéficié d'une période de conformité pour répondre à cette exigence. Xiao-I a maintenant maintenu un prix de clôture de $1,00 ou plus pendant 10 jours de bourse consécutifs, du 23 août au 8 septembre 2024, satisfaisant ainsi aux conditions de Nasdaq. En conséquence, Nasdaq a clos le dossier, confirmant la conformité de Xiao-I aux règles de cotation.
Xiao-I (NASDAQ: AIXI), ein führendes Unternehmen im Bereich künstliche Intelligenz, hat erfolgreich die Einhaltung der Mindestangebotspreisanforderung von Nasdaq wiederhergestellt. Das Unternehmen erhielt am 9. September 2024 eine schriftliche Mitteilung von Nasdaq, die seine Einhaltung der Listing-Regel 5450(a)(1) zur fortgesetzten Listung am Nasdaq Global Market bestätigte.
Zuvor war Xiao-I am 11. Juli 2024 darüber informiert worden, dass sie den Mindestschlusskurs von $1,00 für ihre American Depositary Shares (ADS) über 30 aufeinanderfolgende Handelstage nicht aufrechterhalten konnte. Der Gesellschaft wurde ein Zeitraum zur Einhaltung dieser Anforderung eingeräumt. Xiao-I hat nun den Schlusskurs von $1,00 oder mehr über 10 aufeinanderfolgende Handelstage, vom 23. August bis zum 8. September 2024, gehalten, wodurch die Bedingungen von Nasdaq erfüllt wurden. Infolgedessen hat Nasdaq die Angelegenheit abgeschlossen und die Einhaltung von Xiao-I mit den Listungsregeln bestätigt.
- Xiao-I regained compliance with Nasdaq's minimum bid price requirement
- Company's ADS maintained a closing bid price of $1.00 or more for 10 consecutive business days
- Nasdaq confirmed the matter is closed, ensuring continued listing on the Nasdaq Global Market
- None.
As previously disclosed, on July 11, 2024, Xiao-I was notified by Nasdaq that its American Depositary Share ("ADS") had failed to meet the
As of September9, 2024, Nasdaq has confirmed that Xiao-I's ADS has maintained a closing bid price of
About Xiao-I Corporation
Xiao-I Corporation is a leading cognitive intelligence enterprise in
Forward-Looking Statements
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's ability to achieve its goals and strategies, the Company's future business development and plans for future business development, including its financial conditions and results of operations, product and service demand and acceptance, reputation and brand, the impact of competition and pricing, changes in technology, government regulations, fluctuations in general economic and business conditions in
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Ms. Berry Xia
Email: ir@xiaoi.com
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SOURCE Xiao-I Corporation
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