BeyondSpring Inc. (BYSI) received a written notification from Nasdaq on September 29, 2026, indicating the company is not in compliance with the minimum market value of listed securities (MVLS) requirement for continued listing on the Nasdaq Capital Market. The notice has no immediate effect on the trading of the company's securities.
Key Details
- Reason for Non-Compliance: The company's MVLS has been below the required $35 million for 30 consecutive business days, violating Nasdaq Listing Rule 5550(b)(2).
- Compliance Period: BeyondSpring has been granted a 180-day period, until March 29, 2027, to regain compliance.
- Requirement to Regain Compliance: The company's MVLS must close at or above $35 million for a minimum of ten consecutive business days within the compliance period. If compliance is not achieved, the company may face delisting proceedings.