Xiao-I gets Nasdaq notice for failing US$ 15 million public float market value rule - AIXI News | RalliesXiao-I gets Nasdaq notice for failing US$ 15 million public float market value rule
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AIXI• Nasdaq deficiency notice on public float market value
- Xiao-I received a Nasdaq deficiency notice for failing the minimum market value of publicly held shares requirement.
- Nasdaq rules require MVPHS of at least US$ 15 million; the metric fell below that level over June 23 to Aug. 4.
- The company has until Feb. 1, 2027 to regain compliance; it needs MVPHS at or above US$ 15 million for 10 straight sessions.
- ADSs continue trading on the Nasdaq Global Market; failure to cure could trigger a delisting determination, with appeal rights.
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