Bit Origin Ltd Meets Nasdaq Compliance Requirements

Bit Origin Ltd, formerly China Xiangtai Food Co, has regained Nasdaq compliance after submitting a compliance plan and demonstrating the required stockholders' equity by June 30, 2025. The company was previously notified of non-compliance on January 3, 2025. Nasdaq will continue to monitor Bit Origin's compliance to ensure adherence to listing requirements, with potential delisting if future compliance is not maintained.

Bit Origin Ltd, formerly known as China Xiangtai Food Co., has regained compliance with Nasdaq listing requirements after submitting a compliance plan and demonstrating the required stockholders' equity by June 30, 2025. The company was previously notified of non-compliance on January 3, 2025 [1].

Nasdaq's formal notice, received on July 1, 2025, confirms that Bit Origin has now met the minimum stockholders' equity threshold of $2.5 million [2]. The company's stockholders' equity was approximately $3.6 million as of May 31, 2025, surpassing the Nasdaq requirement [3].

Bit Origin's Chairman, CEO, and COO, Jinghai Jiang, expressed satisfaction with the regained compliance, stating, "We are pleased to have regained compliance with Nasdaq’s equity standard. We remain focused on building long-term growth and fulfilling compliance with all listing requirements" [2].

Nasdaq will continue to monitor Bit Origin's compliance to ensure adherence to listing requirements. The company remains under Nasdaq's watchful eye and could face potential delisting if future compliance is not maintained [1].

References:
[1] https://za.investing.com/news/company-news/bit-origin-regains-compliance-with-nasdaq-equity-standard-93CH-3778625
[2] https://www.morningstar.com/news/globe-newswire/9488523/bit-origin-ltd-regains-compliance-with-nasdaq-listing-requirements-of-minimum-stockholders-equity
[3] https://www.globenewswire.com/news-release/2025/07/03/3109851/0/en/Bit-Origin-Ltd-Regains-Compliance-with-Nasdaq-Listing-Requirements-of-Minimum-Stockholders-Equity.html