ATIF Holdings Ltd. has announced that it received a delinquency notification from the Nasdaq Stock Market for failing to maintain a minimum bid price of $1 per share for 30 consecutive business days, as required by Nasdaq Listing Rule 5550(a)(2). The company has until December 29, 2025, to regain compliance by ensuring its stock closes at or above $1 for at least ten consecutive business days. If compliance is not achieved within this period, ATIF Holdings may be eligible for an additional 180-day compliance period, contingent on meeting other listing requirements and potentially executing a reverse stock split. Failure to meet these requirements could lead to the stock being delisted from Nasdaq. The company plans to monitor its stock's performance and consider options to address the issue, though there is no guarantee of resolving the compliance matter.
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