Core Points - AirNet Technology Inc. has been granted an additional 180-day grace period by Nasdaq until September 15, 2025, to regain compliance with the minimum bid price requirement of $1.00 per share [1] - The company is committed to addressing the bid price deficiency during this extended compliance period and aims to meet the requirement by having its closing bid price at or above $1 per ADS for at least 10 consecutive business days [2] - AirNet has demonstrated compliance with all other Nasdaq continued listing requirements, including market value of publicly held shares and shareholder equity thresholds [3] - To ensure compliance, the company plans to closely monitor its ADS price and may consider actions such as an ADS ratio change or reverse stock split [3]
AirNet Granted Additional 180-Day Grace Period to Regain Compliance with Nasdaq Bid Price Requirement