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Alset receives Nasdaq notice over minimum bid price noncompliance
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Alset receives Nasdaq notice over minimum bid price noncompliance
  • Alset received a Nasdaq noncompliance notice October 28, 2026, following 30 consecutive trading days with its common stock’s closing bid below $1.
  • The 180-day compliance period ends April 26, 2027; compliance requires closing bids of at least $1 per share for 10 consecutive business days.
  • The notice has no immediate effect on the common stock’s Nasdaq listing.
  • An additional 180-day extension depends on meeting Nasdaq eligibility requirements; failure to qualify or cure the deficiency could trigger delisting.
  • A previously announced 1-for-5 reverse stock split is intended to address the deficiency, with timing expected to be announced shortly.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alset Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-049459), on October 30, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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