iTonic Holdings Ltd Regains Compliance with Nasdaq Minimum Bid Price Requirement
Key Highlights
- ➤iTonic regained Nasdaq minimum bid-price compliance after ten consecutive days above $1.00
- ➤Nasdaq closed the deficiency matter after confirming compliance under Listing Rule 5550(a)(2)
- ➤Class A shares began post-consolidation trading October 6 following a 16-for-1 share consolidation
- ➤Nasdaq had granted iTonic an additional 180-calendar-day compliance period through October 19
BEIJING, China, Oct. 28, 2026 (GLOBE NEWSWIRE) -- iTonic Holdings Ltd (Nasdaq: ITOC) (the “Company”), a healthcare company focused on digital medical technologies, today announced that it has received a written notice dated October 20, 2026 from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).
Nasdaq determined that the closing bid price of the Company’s Class A ordinary shares was at least US$1.00 per share for ten consecutive business days, from October 6, 2026 through October 19, 2026. Accordingly, Nasdaq confirmed that the Company has regained compliance with the minimum bid price requirement and that the matter is now closed.
Get started
Create a free account to read the full story.