Xiao-I gets Nasdaq notice for failing US$ 15 million public float market value rule
Reuters2026/08/20 13:15Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Xiao-I received a Nasdaq deficiency notice for failing the minimum market value of publicly held shares requirement.
- Nasdaq rules require MVPHS of at least US$ 15 million; the metric fell below that level over June 23 to Aug. 4.
- The company has until Feb. 1, 2027 to regain compliance; it needs MVPHS at or above US$ 15 million for 10 straight sessions.
- ADSs continue trading on the Nasdaq Global Market; failure to cure could trigger a delisting determination, with appeal rights.
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. Xiao-I Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608200915PR_NEWS_USPR_____CN30377) on August 20, 2026, and is solely responsible for the information contained therein.
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