Core AI Holdings Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Compliance Deficiency

by shayaan

Miami, FL, July 31, 2026 (GLOBE NEWSWIRE) — Co e AI Holdi gs, I c. (“Co e AI” o the “Compa y”) (NASDAQ: CHAI), a global AI tech ology a d i f ast uctu e compa y, today a ou ced that today o July 31, 2026, the Compa y eceived a otificatio lette (“Nasdaq Notificatio ”) f om the Listi g Qualificatio s Depa tme t of the Nasdaq Stock Ma ket LLC (“Nasdaq”) otifyi g the Compa y that it is ot i complia ce with the mi imum bid p ice equi eme t fo its commo sha es listed o Nasdaq f om Ju e 17, 2026 th ough July 30, 2026. As set fo th i the Nasdaq Listi g Rule 5450(a)(1) (“Nasdaq Listi g Rule”), the Compa y’s commo sha es listed fo t adi g o the Nasdaq must mai tai a mi imum closi g bid p ice of $1.00 pe sha e a d failu e to meet it fo 30 co secutive t adi g days co stitutes a complia ce deficie cy.

The otificatio has o immediate effect o the listi g of the Compa y’s commo sha es o Nasdaq.

I acco da ce with the Nasdaq Listi g Rule 5810(c)(3)(A), the Compa y has a pe iod of 180 cale da days f om the date of otificatio , o u til Ja ua y 27, 2027 (the “I itial Complia ce Pe iod”), to egai complia ce with the mi imum bid p ice equi eme t. Du i g this pe iod, the Compa y’s commo sha es will co ti ue to t ade o the Nasdaq Capital Ma kets. If at a y time du i g the I itial Complia ce Pe iod, the closi g bid p ice of the Compa y’s commo sha es is at least $1.00 pe sha e fo a mi imum of te co secutive t adi g days, Nasdaq will p ovide a w itte otificatio of complia ce otifyi g that the Compa y has egai ed complia ce with the mi imum bid p ice equi eme t.

See also  Will BNB Price Surge Above $700?

If the Compa y does ot egai complia ce by Ja ua y 27, 2027 the Compa y may be eligible fo a additio al 180 cale da day complia ce pe iod. To qualify, the Compa y will be equi ed to meet the co ti ued listi g equi eme t fo ma ket value of publicly held sha es a d all othe i itial listi g sta da ds fo the Nasdaq Capital Ma ket, with the exceptio of the bid p ice equi eme t, a d will eed to p ovide w itte otice of its i te tio to cu e the deficie cy du i g the seco d complia ce pe iod, by effecti g a eve se stock split, if ecessa y. If the Compa y meets these equi eme ts, Nasdaq will i fo m the Compa y that it has bee g a ted a additio al 180 cale da days. Howeve , if it appea s to Nasdaq that the Compa y will ot be able to cu e the deficie cy, o if the Compa y is othe wise ot eligible, Nasdaq will p ovide otice that Co e’s commo sha es will be subject to delisti g.

I additio , if, du i g a y complia ce pe iod specified i the Nasdaq Listi g Rule 5810(c)(3)(A)(iii), the Compa y’s commo sha es have a closi g bid p ice of $0.10 o less fo te co secutive t adi g days, Nasdaq will issue a Staff Delisti g Dete mi atio u de Rule 5810 with espect to such secu ities.

Co e AI i te ds to mo ito the bid p ice of its commo sha es a d will co side available optio s to egai complia ce with the Nasdaq listi g equi eme t, if ecessa y.

See also  Bitcoin’s Price Rollercoaster Takes Miners for a Ride—Hashrate Begins to Recover

The otificatio does ot affect the Compa y’s busi ess ope atio s, st ategic i itiatives, o the listi g o t adi g of its commo sha es o Nasdaq.

About Co e AI Holdi gs, I c.

Co e AI Holdi gs, I c. (NASDAQ: CHAI) is a global AI tech ology a d i f ast uctu e compa y focused o ide tifyi g, developi g, a d scali g AI-d ive busi esses that leve age ext-ge e atio tech ologies to add ess la ge, high-g owth ma ket oppo tu ities. Co e AI’s missio is to ha ess a tificial i tellige ce to c eate t a sfo mative, scalable solutio s ac oss multiple ve ticals a d d ive lo g-te m sha eholde value. Th ough its subsidia y, Co e Gami g, the Compa y ope ates a AI-d ive mobile game developme t a d publishi g busi ess which has ge e ated ove 800 millio dow loads, a d built a global use base of mo e tha 40 millio playe s ac oss ove 140 cou t ies.

Co e AI I vesto Relatio si @co egami g.cowww.co egami g.co

Fo wa d-Looki g Stateme ts

This p ess elease co tai s fo wa d-looki g stateme ts withi the mea i g of the P ivate Secu ities Litigatio Refo m Act of 1995, i cludi g stateme ts ega di g the a ticipated be efits of the adviso y appoi tme t, the joi t ve tu e betwee Co e AI a d Allia ca, expected ma ket oppo tu ities, i f ast uctu e dema d, p oject pipeli e, developme t st ategy, a d executio capabilities. These fo wa d-looki g stateme ts a e based o Co e AI’s cu e t expectatio s a d assumptio s a d a e subject to isks, u ce tai ties, a d cha ges i ci cumsta ces that may cause actual esults to diffe mate ially, i cludi g the pa ties’ ability to impleme t the co templated joi t ve tu e st ategy, ma ket co ditio s, custome dema d, powe availability, supply chai co ditio s, labo availability, p oject timi g, fi a ci g co ditio s, a d egulato y matte s, as well as othe isks desc ibed u de “Risk Facto s” i Co e AI’s A ual Repo t o Fo m 20-F filed with the U.S. Secu ities a d Excha ge Commissio o May 15, 2026, a d i subseque t SEC fili gs. Except as equi ed by law, Co e AI u de takes o obligatio to update these fo wa d-looki g stateme ts.

About Web3Wire
Web3Wire – Information, news, press releases, events and research articles about Web3, Metaverse, Blockchain, Artificial Intelligence, Cryptocurrencies, Decentralized Finance, NFTs and Gaming.
Visit Web3Wire for Web3 News and Events, Block3Wire for the latest Blockchain news and Meta3Wire to stay updated with Metaverse News.

See also  5G Technology Market Innovations and Key Players: Huawei(CN), Cisco, Marvell, Mediatek(TW), NEC(JP), Ericsson(SE), Qualcomm, ZTE(CN)

web3wire.org

You may also like

Latest News

Copyright © Sovereign Wealth Signals