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Nasdaq notifies GXAI it is not in compliance with the $1.00 minimum bid price requirement
GXAIGaxos.AI Inc.
Gaxos.ai Inc. received a notification from Nasdaq on September 28, 2026, stating it is not in compliance with the minimum bid price requirement of $1.00 per share under Listing Rule 5550(a)(2). The deficiency was identified based on closing bid prices between August 14 and September 25, 2026. Trading will continue under symbol GXAI while the company has until March 29, 2027, to regain compliance by maintaining a closing price of at least $1.00 for ten consecutive business days. The company may consider a reverse stock split to meet this requirement. Gaxos.ai Inc. operates in the artificial intelligence industry.