Origin Agritech Announces Receipt of Nasdaq Notice Regarding Minimum Bid Price Requirement
Key Highlights
- ➤Origin Agritech (SEED) received Nasdaq notice after 30 consecutive days below $1.00 bid price.
- ➤SEED has until April 26, 2027, to regain compliance with Nasdaq’s minimum bid requirement.
- ➤Compliance requires a closing bid price of at least $1.00 for 10 consecutive business days.
- ➤Origin may pursue a reverse stock split if needed to regain Nasdaq compliance.
- ➤Failure to regain compliance could lead to delisting proceedings, subject to a Nasdaq appeal.
BEIJING, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Origin Agritech Limited (NASDAQ: SEED) ("Origin" or the "Company"), a leading Chinese agricultural technology company, today announced that on October 27, 2026, it received a written notice (the "Notice") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") stating that, for the last 30 consecutive business days, the closing bid price of the Company’s ordinary shares had been below the minimum $1.00 per share required for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement").
The Notice has no immediate effect on the listing of the Company’s ordinary shares, which will continue to trade on The Nasdaq Capital Market under the symbol "SEED."
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