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PRNewsWire
2 months ago
Scienjoy Holding Corporation Granted Additional 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule
BEIJING, Jan. 9, 2026 /PRNewswire/ -- Scienjoy Holding Corporation ("Scienjoy", the "Company", or "we") (NASDAQ: SJ), an interactive entertainment leader in the Chinese market, today announced that on January 7, 2026, it received notification from The Nasdaq Stock Market LLC ("Nasdaq") that Nasdaq approved the Company's request for an additional 180-calendar day extension (the "Extension") to regain compliance with the minimum closing bid price requirement of US$1.00 per share, as set forth in Nasdaq Listing Rule 5550(a)(2) (the "Rule"). The Extension follows the expiration on January 6, 2026 of the initial 180-calendar day period to regain bid price compliance.