Gaxos.ai receives Nasdaq notice for failing $1 minimum bid price rule
GXAI•Gaxos.ai received a Nasdaq notice after its closing bid price stayed below $1 for 30 consecutive business days, from Aug. 14 to Sept. 25, 2026. It has until March 29, 2027, to regain compliance.
1. Compliance window
Trading continues under ticker GXAI while the company has 180 days to regain compliance. It must maintain a closing bid price of at least $1 for 10 consecutive business days; Nasdaq may grant a second 180-day cure period. A reverse stock split is among the options under consideration if needed.
