ATA Creativity Global gets Nasdaq notice after ADS bid price stays below $1
AACG•Nasdaq issued ATA Creativity Global a bid-price deficiency notice after its ADS bid stayed below $1 for 31 consecutive business days. The company has until March 29, 2027, to comply; the notice does not immediately affect its listing.
1. Nasdaq deficiency notice
Nasdaq issued the notice after ATA Creativity Global’s ADS bid price stayed below $1 for 31 consecutive business days. The listing is not immediately affected, and the company has until March 29, 2027, to comply; Nasdaq will clear the deficiency if the ADS closes at or above $1 for 10 consecutive business days. A second 180-day cure period is possible and may require a reverse stock split.
