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PRNewsWire
26 days ago
Xiao-I Corporation Regains Full Compliance with Nasdaq Continued Listing Standards
SHANGHAI, June 3, 2026 /PRNewswire/ -- Xiao-I Corporation (NASDAQ: AIXI) ("Xiao-I" or the "Company"), a leading enterprise artificial intelligence company in China, today announced that it has received formal notification letters from The Nasdaq Stock Market LLC ("Nasdaq") confirming that the Company has regained full compliance with all applicable continued listing standards. As previously disclosed, the Company received two separate deficiency notifications from Nasdaq in December 2025: On December 16, 2025, Nasdaq notified the Company that its American Depositary Shares ("ADSs") failed to maintain a minimum bid price of $1.00 per share over the previous 30 consecutive business days, as required by Nasdaq Listing Rule 5450(a)(1) On December 17, 2025, Nasdaq notified the Company that the market value of its publicly held shares was below the minimum $15.0 million requirement for continued listing, as required by Nasdaq Listing Rule 5450(b)(2)(C) On April 23, 2026, Nasdaq notified the Company that it had regained compliance with Listing Rule 5450(b)(2)(C) after the market value of its publicly held shares had been $15.0 million or greater for ten consecutive business days from April 9, 2026 through April 22, 2026, and that the market value deficiency matter was closed.