Core Points - Li Bang International Corporation has received a notice from Nasdaq regarding non-compliance with the minimum bid price requirement of $1.00 per share for continued listing [1][2] - The company has a compliance period of 180 days, until May 6, 2026, to regain compliance [2] - If the bid price reaches $1.00 or more for 10 consecutive business days before the deadline, Nasdaq will confirm compliance [2] - The company is monitoring its stock price and considering options to regain compliance [3] Company Overview - Li Bang International specializes in designing, developing, producing, and selling stainless steel commercial kitchen equipment in China [4] - The company offers comprehensive services, including design, installation, and after-sales maintenance [4] - Li Bang aims to become a leading brand in the commercial kitchen appliance sector in China [4]
Li Bang International Announces Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency