JIADE Ltd Receives Nasdaq Minimum Bid Price Deficiency Notice
Ticker: JDZG · Form: 6-K · Filed: Dec 20, 2024 · CIK: 1976908
Sentiment: bearish
Topics: compliance, delisting-risk, nasdaq
Related Tickers: JADE
TL;DR
JADE got a Nasdaq warning for low stock price, has until June 2025 to fix it or risk delisting.
AI Summary
JIADE Limited (Nasdaq: JADE) received a notification from Nasdaq on December 20, 2024, indicating a deficiency in meeting the minimum bid price requirement of $1.00 per share. The company has a compliance period of 180 calendar days, until June 17, 2025, to regain compliance.
Why It Matters
This notice signals potential delisting from Nasdaq if the company cannot raise its stock price, which could impact investor confidence and liquidity.
Risk Assessment
Risk Level: medium — A minimum bid price deficiency notice from Nasdaq poses a risk of delisting if not resolved within the specified timeframe.
Key Numbers
- 180 — Compliance Period (Number of calendar days JIADE Limited has to meet the minimum bid price requirement)
- $1.00 — Minimum Bid Price (The stock price threshold JIADE Limited must maintain to comply with Nasdaq rules)
Key Players & Entities
- JIADE Limited (company) — Filer of the 6-K report and subject of the Nasdaq notification
- Nasdaq (company) — Exchange that issued the minimum bid price deficiency notice
- JADE (company) — Ticker symbol for JIADE Limited
- December 20, 2024 (date) — Date the Nasdaq notification was received
- June 17, 2025 (date) — Deadline for JIADE Limited to regain compliance with Nasdaq's minimum bid price rule
- $1.00 (dollar_amount) — Minimum bid price requirement set by Nasdaq
FAQ
What is the specific reason JIADE Limited received a notification from Nasdaq?
JIADE Limited received a notification from Nasdaq because its stock has not met the minimum bid price requirement of $1.00 per share.
What is the deadline for JIADE Limited to regain compliance with Nasdaq's minimum bid price rule?
JIADE Limited has until June 17, 2025, to regain compliance with Nasdaq's minimum bid price rule.
What is the compliance period granted by Nasdaq to JIADE Limited?
Nasdaq has granted JIADE Limited a compliance period of 180 calendar days.
What is the ticker symbol for JIADE Limited?
The ticker symbol for JIADE Limited is JADE.
What type of filing is this report?
This report is a Form 6-K, which is a Report of Foreign Private Issuer pursuant to Rule 13a-16 or 15d-16 under the Securities Exchange Act of 1934.
Filing Stats: 164 words · 1 min read · ~1 pages · Grade level 15.3 · Accepted 2024-12-20 17:01:41
Filing Documents
- tm2431641d1_6k.htm (6-K) — 9KB
- tm2431641d1_ex99-1.htm (EX-99.1) — 8KB
- 0001104659-24-130904.txt ( ) — 19KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. JIADE LIMITED Date: December 20, 2024 By: /s/ Yuan Li Name: Yuan Li Title: Chief Executive Officer 3