Core Viewpoint - Chanson International Holding has received a notification from Nasdaq indicating that it no longer meets the minimum bid price requirement for continued listing, with a compliance period until September 8, 2025, to regain compliance [1][2]. Company Overview - Chanson International Holding, founded in 2009, operates bakery, seasonal, and beverage products through its chain stores in China and the United States, with headquarters in Urumqi, China [4]. - The company manages 46 stores in China and three stores in New York City, offering both packaged and made-in-store bakery products along with extensive beverage options [4]. Compliance and Listing Status - The notification from Nasdaq does not immediately affect the trading of Chanson's Class A ordinary shares, and the company has a 180-day compliance period to meet the listing requirements [2]. - If compliance is not achieved within this period, Chanson may be eligible for an additional 180 days, provided it meets other listing standards and intends to cure the deficiency, potentially through a reverse stock split [2][3]. - The company is currently evaluating options to regain compliance and is committed to making reasonable efforts to meet Nasdaq's continued listing requirements [3].
Chanson International Holding Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency