Everbright Digital Holding Limited Faces Nasdaq Listing Rule Violation, Receives 180-Day Compliance Period

Everbright Digital Holding Limited has received a notification from Nasdaq regarding a minimum bid price deficiency. The company's common stock has fallen below the $1 per share requirement for continued listing. The company has been granted a 180-day compliance period to regain compliance and may be eligible for an additional 180-day period if needed.