Bitcoin mining company Bit Origin granted an additional 180-day compliance extension
Foresight News reported that Bitcoin mining company Bit Origin disclosed that after receiving confirmation from Nasdaq that it met the requirements for relisting, the company has once again received a notification of listing qualification, granting it an additional 180-day compliance extension. The company’s common stock is required to maintain a closing price of at least $1.00 per share for at least 10 consecutive trading days within the compliance period. If Bit Origin fails to regain compliance by February 16, 2026, Nasdaq will notify Bit Origin in writing that it will be delisted. This extension of the compliance period is based on the company having met all other ongoing listing requirements of the Nasdaq market except for the share price requirement, and the company has provided a written commitment to address the deficiency during the second compliance period by implementing a reverse stock split if necessary.
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