MMTEC shares surge 12.55% intraday as Nasdaq Panel finds compliance with bid price rule.
ByAinvest
Thursday, Dec 11, 2025 9:34 am ET1min read
MTC--
MMTEC, Inc. (NASDAQ: MTC) surged 12.55% intraday after the Nasdaq Hearings Panel ruled that the company had regained compliance with the $1.00 minimum bid price rule, averting delisting and placing it under a one-year discretionary monitor. The decision followed the company’s successful appeal of an initial delisting notice, which had stemmed from its stock falling below the bid price threshold. Nasdaq staff recommended the panel find MMTEC compliant due to its bid price exceeding $1.00 since November 6, 2025, and the panel accepted this recommendation. The resolution eased immediate delisting concerns, boosting investor sentiment. The Nasdaq Listing Council retains a 45-day window to review the decision, but the temporary compliance assurance directly drove the sharp intraday rally.
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