WiMi Hologram Cloud receives Nasdaq notice over minimum bid price noncompliance
WIMI•WiMi Hologram Cloud received a Nasdaq notice on October 30, 2026, for failing to meet the $1 minimum bid price requirement. It has until April 28, 2027, to comply and is evaluating options, including seeking shareholder approval for a reverse stock split.
1. Compliance period
The notice has no immediate trading or listing impact. WiMi’s Class B Ordinary Shares must close at $1 or higher for at least 10 consecutive business days before the 180-day compliance period ends on April 28, 2027. An additional 180-day period may be available if the company meets Nasdaq Capital Market eligibility requirements and applies to transfer.
