NIP Group Inc. Regains Compliance with Nasdaq’s Minimum Bid Price Requirement
ABU DHABI, United Arab Emirates, July 24, 2026 (GLOBE NEWSWIRE) -- NIP Group Inc. (“NIPG” or the “Company”) (NASDAQ: NIPG) today announced that on July 21, 2026, it has received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), stating that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”). The matter is now closed.
As previously disclosed, on March 24, 2026, the Company received a notification letter from Nasdaq, indicating that for the 32 consecutive business days prior to that date, the closing bid price of the Company’s American depositary shares (the “ADSs”) had been below the Minimum Bid Price Requirement of US$1.00 per share, resulting in a minimum bid price deficiency. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided with 180 calendar days, or until September 21, 2026, to regain compliance.
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