LexinFintech falls short of Nasdaq minimum bid price requirement
LX•LexinFintech received a Nasdaq deficiency notice on October 14, 2026, after its ADSs failed to meet the $1 minimum bid price. It has until April 12, 2027, to regain compliance, including by closing at $1 or higher for at least 10 consecutive business days.
1. Compliance deadline
LexinFintech received a Nasdaq deficiency notice on October 14, 2026, for failing to meet the exchange’s $1 minimum bid price requirement. The company has 180 calendar days, until April 12, 2027, to regain compliance; an extension may be available. Its ADSs must close at $1 or higher for at least 10 consecutive business days, subject to Nasdaq’s discretion. Management is considering adjusting the ratio of ADSs to Class A ordinary shares. The ADSs continue trading on the Nasdaq Global Select Market, and the notice has no immediate effect on business operations or SEC reporting requirements.
