Business
Lianhe Sowell International Group Ltd Receives Nasdaq Minimum Bid Price Deficiency Notice
Lianhe Sowell International Group Ltd (Nasdaq: LHSW) today announced that it has received a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") dated January 22, 2026 stating that the Company is not in compliance with the requirement to maintain a minimum bid price of $1 per share as set forth under Nasdaq Listing Rule 5550(a)(2) (the "Bid Price Rule") for continued listing on The Nasdaq Capital Market.
About this update from Lianhe Sowell International Group Ltd
[{"type":"text","content":"SHENZHEN, China, Jan. 27, 2026 /PRNewswire/ -- Lianhe Sowell International Group Ltd (Nasdaq: LHSW) today announced that it has received a notice (the "Notice") from The Nasdaq Stock Market LLC ("Nasdaq") dated January 22, 2026 stating that the Company is not in compliance with the requirement to maintain a minimum bid price of $1 per share as set forth under Nasdaq Listing Rule 5550(a)(2) (the "Bid Price Rule") for continued listing on The Nasdaq Capital Market.","length":497,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/SOWELL)","displaySize":"","headline":null,"caption":"(PRNewsfoto/SOWELL)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":110,"url":"https://media.zenfs.com/en/prnewswire.com/29f18462a0a5c7eccb07d6522bf4f485"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/a7xK3E_gLJXuH9IQIAt6ew--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE5NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/29f18462a0a5c7eccb07d6522bf4f485","width":400,"height":110}},"href":"https://mma.prnewswire.com/media/2684956/SOWELL_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The notification letter has no immediate effect on the listing of the Company's securities, and the Company's securities continue to trade on Nasdaq under the symbol "LHSW".","length":191,"tagName":"p"},{"type":"text","content":"Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of one hundred eighty (180) calendar days, or until July 21, 2026 (the "Compliance Period"), to regain compliance with Nasdaq's Bid Price Rule. If at any time during the Compliance Period, the closing bid price per share of the Company's securities is at least $1.00 for a minimum of ten (10) consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed.","length":520,"tagName":"p"},{"type":"text","content":"In the event the Company does not regain compliance by July 21, 2026, the Company may be eligible for an additional 180 calendar day grace period. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price r...