Gaxos.ai Regains Compliance with Nasdaq Listing Requirements
Gaxos.ai Inc. (GXAI)
Company Research
Source: GlobeNewswire
Roseland, NJ, March 26, 2024 (GLOBE NEWSWIRE) -- Gaxos.ai Inc. (NASDAQ: GXAI), (“Gaxos” or the “Company”), a company developing artificial intelligence applications across various sectors, announced today that it received written notice from the NASDAQ Stock Market LLC (NASDAQ) on March 22, 2024, informing the Company that it has regained compliance with the minimum bid price requirement under NASDAQ Listing Rule 5550(a)(2) for continued listing on the NASDAQ Capital Market. On July 10, 2023, NASDAQ notified the Company that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market. Since then, NASDAQ has determined that for the Company’s common stock had traded above the $1.00 minimum bid price requirement for 10 consecutive trading days as of March 21, 2024. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and this matter is now closed.
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GXAI
News
- Gaxos Health Expands Medical Advisory BoardGlobeNewswire
- Gaxos.ai Inc. Announces Closing of $3.5 Million Private Placement Priced At-The-Market under Nasdaq RulesGlobeNewswire
- Gaxos.ai Inc. Announces $3.5 Million Private Placement Priced At-The-Market under Nasdaq RulesGlobeNewswire
- Gaxos Acquires Rights to AI-enabled Technology from Top Biohacking AppGlobeNewswire
- Gaxos.ai Inc. Announces a 1:12 Reverse Stock Split Effective Pre-Market Opening on March 8, 2024GlobeNewswire
GXAI
Sec Filings
- 4/18/24 - Form 424B3
- 4/17/24 - Form EFFECT
- 4/4/24 - Form S-3
- GXAI's page on the SEC website