AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Bit Origin Ltd Meets Nasdaq Compliance Requirements
ByAinvest
Tuesday, Jul 8, 2025 12:26 am ET1min read
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
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet