Ucommune Notified by Nasdaq for Minimum Bid Price Non-Compliance

Ucommune International (UK) has received a notification from Nasdaq stating that its share price has been below the minimum required $1.00 bid price for 34 consecutive business days. The company's stock is currently trading at $0.79.

The notification does not currently impact the listing or trading of the company's shares. Ucommune is granted an 180-day compliance period, until July 7, 2026, to regain compliance.

The company can meet the requirement if its share price closes at $1.00 or higher for at least ten consecutive business days during the compliance period.

Why Did This Happen?

Nasdaq Listing Rules require a minimum bid price of $1.00 per share. Ucommune's stock has been trading below this threshold for the specified period.

The company's stock has shown some recent volatility, with a notable 14.3% gain over the past week. However, the average closing price over the 34 business days remains below the required level.

What Are the Possible Outcomes for Ucommune?

If Ucommune fails to regain compliance by July 7, 2026, it may be eligible for an additional 180-day compliance period. This would depend on Nasdaq staff's determination.

The company has a market capitalization of $5.34 million and holds more cash than debt on its balance sheet, which may provide some financial flexibility.

What Is the Company Doing to Address the Issue?

Ucommune stated it will "take all reasonable measures to regain compliance". The company emphasized that the notification will not impact its business operations.

In addition to this compliance issue, Ucommune is also planning an extraordinary general meeting of shareholders on February 9, 2026. The meeting will address significant changes to the company's share capital structure and corporate governance. Shareholders will be asked to approve an increase in authorized share capital and consider potential reverse share splits.