Paranovus Entertainment Technology Limited surged 30.10% in premarket trading following confirmation that it regained compliance with Nasdaq’s minimum bid price requirement (Listing Rule 5550(a)(2)). The company announced on January 6, 2026, that Nasdaq had notified it of compliance, canceling a scheduled delisting hearing on January 29. This resolved a months-long threat of delisting, which had previously prompted a 1-for-100 reverse share split in December 2025 to boost share prices. The update assured investors that its Class A ordinary shares (ticker: PAVS) will remain listed on the Nasdaq Capital Market, stabilizing its market position after strategic exits from legacy businesses in 2023–2024. The resolution of regulatory uncertainty and avoidance of delisting directly fueled the premarket rally.
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