MMTEC shares surge 20.90% after-hours after Nasdaq panel rules company compliant with bid price rule, avoiding delisting.

MMTEC, Inc. (NASDAQ: MTC) surged 20.90% in after-hours trading following the company’s announcement that the Nasdaq Hearings Panel found it in compliance with the $1.00 minimum bid price requirement, thereby avoiding delisting. The decision, issued on December 9, 2025, reversed a prior Nasdaq determination to delist the stock due to its bid price deficiency, which had been compounded by a 1-for-8 reverse stock split in December 2024. The panel accepted Nasdaq staff’s recommendation to place the company under a one-year discretionary monitor, granting it additional time to maintain compliance. This favorable outcome, coupled with the avoidance of immediate delisting, likely spurred the sharp after-hours rally as investors reassessed the stock’s prospects of remaining listed. The Nasdaq Listing Council retains the option to review the decision within 45 calendar days, but the interim resolution appears to have driven the positive market reaction.