Zhongchao Inc. Faces Nasdaq Minimum Bid Price Deficiency
Ticker: ZCMD · Form: 6-K · Filed: Dec 1, 2025 · CIK: 1785566
| Field | Detail |
|---|---|
| Company | Zhongchao Inc. (ZCMD) |
| Form Type | 6-K |
| Filed Date | Dec 1, 2025 |
| Risk Level | high |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | bearish |
Sentiment: bearish
Topics: listing-deficiency, compliance, nasdaq
TL;DR
Nasdaq says Zhongchao's stock price is too low, might get delisted if they don't fix it FAST.
AI Summary
On November 28, 2025, Zhongchao Inc. received a notification letter from the Nasdaq Stock Market LLC stating that the company is not in compliance with the minimum bid price requirement. The company must regain compliance within a specified period to avoid delisting.
Why It Matters
Failure to regain compliance with Nasdaq's minimum bid price rule could lead to the delisting of Zhongchao Inc.'s shares, impacting liquidity and investor confidence.
Risk Assessment
Risk Level: high — Receiving a deficiency notice from Nasdaq regarding minimum bid price is a serious warning that could lead to delisting if not resolved.
Key Players & Entities
- Zhongchao Inc. (company) — The company receiving the notification.
- Nasdaq Stock Market LLC (company) — The entity issuing the notification regarding non-compliance.
- November 28, 2025 (date) — The date Zhongchao Inc. received the notification.
FAQ
What specific minimum bid price requirement did Zhongchao Inc. fail to meet?
The filing states that Zhongchao Inc. is not in compliance with the minimum bid price requirement, but does not specify the exact dollar amount it fell below.
When did Zhongchao Inc. receive the notification from Nasdaq?
Zhongchao Inc. received the written notice from Nasdaq on November 28, 2025.
What is the name of the notification letter received from Nasdaq?
The notification letter received from Nasdaq is referred to as 'the Letter'.
What is the primary consequence of not complying with Nasdaq's minimum bid price rule?
The primary consequence of not complying with Nasdaq's minimum bid price rule is the potential delisting of the company's securities from the Nasdaq stock market.
Does the filing specify the period given to Zhongchao Inc. to regain compliance?
The filing mentions that the company must regain compliance within a specified period, but the exact duration is not detailed in this excerpt.
Filing Stats: 549 words · 2 min read · ~2 pages · Grade level 15.4 · Accepted 2025-12-01 08:00:35
Key Financial Figures
- $1.00 — Class A ordinary shares had been below $1.00 per share for the period from October 9
Filing Documents
- ea0267804-6k_zhongchao.htm (6-K) — 11KB
- 0001213900-25-116277.txt ( ) — 13KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Zhongchao Inc. Date: December 1, 2025 By: /s/ Weiguang Yang Weiguang Yang Chief Executive Officer 2