Lucas GC Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Compliance

Core Points - Lucas GC Limited has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, as the closing bid price has been below $1.00 for 30 consecutive business days [1] - The company has a compliance period of 180 calendar days, until March 4, 2026, to regain compliance with the minimum bid price requirement [1] - If the closing bid price reaches at least $1.00 for 10 consecutive business days during the compliance period, Nasdaq will confirm compliance [1] - The company is considering options such as a reverse stock split to regain compliance if necessary [2] Company Overview - Lucas GC Limited is an AI technology-driven Platform-as-a-Service (PaaS) company with applications in the human resources and insurance sectors [3] - The company holds 19 granted U.S. and Chinese patents and over 75 registered software copyrights in AI, data analytics, and blockchain technologies [3] - The platform has over 780,320 agents working on it [3]