Nasdaq Threatens Delisting of Advanced Biomed Inc. Over Minimum Bid Price Rule

Reuters
2026.01.21 22:01
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Advanced Biomed Inc. is at risk of being delisted from the Nasdaq Capital Market due to not meeting the minimum bid price of $1.00 per share. The company failed to comply by the January 14, 2026 deadline and received a notice of suspension. An appeal has been filed, temporarily halting the delisting process while a hearings panel reviews the case. Advanced Biomed plans to present a compliance strategy, including a reverse stock split, but approval for continued listing is uncertain.