Xiao-I Corporation received a notification from Nasdaq on August 6, 2026, indicating non-compliance with the minimum market value of publicly held shares requirement. The company's MVPHS fell below US$15 million based on closing bid prices for its ADSs between June 23 and August 4, 2026. Nasdaq granted an 180-day compliance period ending February 1, 2027, during which the company must restore its MVPHS to at least US$15 million for ten consecutive business days. Failure to comply may result in delisting proceedings and a potential appeal. Xiao-I Corporation operates in the artificial intelligence industry, providing AI-driven solutions.
