XIAO-I is trading 6.75% down at $0.52 after disclosing a Nasdaq deficiency notice and announcing a planned one-for-seven reverse ADS split.
- Nasdaq said publicly held shares fell below required $15 million threshold for 30 consecutive business days, granting compliance until February 1, 2027.
- ADS ratio will change from 1:60 to 1:420 around September 8, 2026, intensifying listing and dilution concerns.
- Broader markets modestly higher; decline appears company-specific; stock fell 21.11% on August 20, 2026, indicating continued selling pressure.