Kaixin Auto Holdings Announces Receipt of Nasdaq Letter Regarding Second Minimum Bid Price Compliance Period
Kaixin Auto Holdings - Ordinary Shares (KXIN)
Company Research
Source: GlobeNewswire
BEIJING, March 29, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings ("Kaixin" or the "Company") (NASDAQ: KXIN) today announced the receipt of a notification letter (the “Nasdaq Letter”) dated on March 28, 2023 from the Listing Qualifications department of the Nasdaq Stock Market (“Nasdaq”), notifying Kaixin that, as of March 28, 2023, the Company’s listed security has not regained compliance with the requirement of maintaining a minimum bid price of $1 per share pursuant to Nasdaq Rule 5550(a)(2). However, the Nasdaq Staff has determined that the Company is eligible for an additional 180 calendar day period, or until September 25, 2023, to regain compliance pursuant to Nasdaq Rule 5810(c)(3)(A). If at any time during this additional time period the closing bid price of the Company’s security is at least $1 per share for a minimum of 10 consecutive business days, the Nasdaq will provide written confirmation of compliance and this matter will be closed. If compliance cannot be demonstra
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KXIN
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- Kaixin Holdings to enact 1-for-30 share consolidation; shares down [Seeking Alpha]Seeking Alpha
- Kaixin Holdings Announces Share ConsolidationGlobeNewswire
- Kaixin Holdings Announces Intended Acquisition of Honglu Technology to Optimize AI ApplicationsGlobeNewswire
- Kaixin Holdings Establishes Digital Asset Management Department and Launches Digital Asset Allocation StrategyGlobeNewswire
KXIN
Sec Filings
- 12/15/25 - Form F-3/A
- 12/2/25 - Form 6-K
- 11/25/25 - Form 6-K
- KXIN's page on the SEC website