Chanson International Holding Faces Nasdaq Delisting Warning
Ticker: CHSN · Form: 6-K · Filed: Mar 13, 2025 · CIK: 1825349
Sentiment: bearish
Topics: delisting-warning, compliance, nasdaq
TL;DR
Nasdaq warning for Chanson Intl Holding - bid price below $1 for 30 days. 180 days to fix or get booted.
AI Summary
Chanson International Holding received a notice on March 10, 2025, from Nasdaq regarding its non-compliance with listing requirements. The notice indicates that the Company's closing bid price per share has fallen below the minimum $1.00 requirement for 30 consecutive business days. The Company has a compliance period of 180 calendar days to regain compliance.
Why It Matters
This Nasdaq delisting warning could significantly impact the liquidity and trading of Chanson International Holding's stock, potentially affecting investor confidence and market valuation.
Risk Assessment
Risk Level: medium — The company is at risk of delisting from Nasdaq if it cannot meet the minimum bid price requirement within the specified timeframe.
Key Numbers
- $1.00 — Minimum Bid Price (The minimum closing bid price per share required by Nasdaq for continued listing.)
- 30 — Consecutive Business Days (The number of consecutive business days the company's bid price has been below the minimum requirement.)
- 180 — Compliance Period (The number of calendar days the company has to regain compliance with Nasdaq's listing rules.)
Key Players & Entities
- Chanson International Holding (company) — Company receiving Nasdaq notice
- Nasdaq (company) — Stock exchange issuing the notice
- March 10, 2025 (date) — Date of the Nasdaq notice
- $1.00 (dollar_amount) — Minimum bid price requirement
- 180 calendar days (duration) — Compliance period granted by Nasdaq
FAQ
What specific listing rule did Chanson International Holding violate according to the Nasdaq notice?
The Company's closing bid price per share has fallen below the minimum $1.00 requirement for 30 consecutive business days.
When did Chanson International Holding receive the notice from Nasdaq?
The notice was received on March 10, 2025.
What is the deadline for Chanson International Holding to regain compliance with Nasdaq's listing requirements?
The Company has a compliance period of 180 calendar days from the date of the notice to regain compliance.
What is the minimum bid price required by Nasdaq for continued listing?
The minimum bid price required is $1.00 per share.
What action does Nasdaq threaten if the company fails to regain compliance?
The filing implies that failure to regain compliance could lead to delisting from The Nasdaq Stock Market LLC.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on March 13, 2025 regarding Chanson International Holding (CHSN).