Baosheng Media Group received a Nasdaq deficiency notice after its shares traded below the $1 minimum bid-price requirement for 30 consecutive business days. The company has until March 9, 2027 to regain compliance under the 180-day compliance period. Baosheng may also use a reverse stock split, which must be completed no later than 10 business days before March 9, 2027, to regain compliance. BAOS shares were down 8.8% post-market.
Baosheng Media Group Holdings LtdNasdaq deficiency notice for trading below the $1 minimum bid price puts Baosheng at risk of delisting unless it regains compliance by March 9, 2027.
