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Datasea Intelligent Technology Ltd. disclosed that Nasdaq granted an additional 180-day compliance period until March…
DTSSDatasea Intelligent Technology Ltd.
Datasea Intelligent Technology Ltd. disclosed that Nasdaq granted an additional 180-day compliance period until March 22, 2027, to regain the $1 minimum bid price requirement for continued listing on The Nasdaq Capital Market. The company previously received a notice of non-compliance on March 27, 2026, and was granted an initial 180-day cure period ending September 23, 2026. Datasea informed Nasdaq of its intention to effect a reverse stock split if necessary to cure the deficiency. Failure to regain compliance by the new deadline may result in delisting, though the company retains the right to appeal to a Nasdaq Hearings Panel. The firm operates in the technology sector.