Mint Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
12/23/2025 07:00 AM • Mint Incorporation Limited (NASDAQ: MIMI) announced it received a deficiency notification from Nasdaq on December 19, 2025, for failing to maintain the minimum bid price requirement of $1.00 per share for 30 consecutive business days. The company has 180 calendar days until June 17, 2026, to regain compliance or faces potential delisting. The company is considering options including a reverse stock split to address the issue.
MIMI - The company received a Nasdaq deficiency notification for failing to maintain minimum bid price requirements, indicating financial distress and stock underperformance. While the notification has no immediate delisting effect and the company has 180 days to comply, the situation represents a significant compliance risk and potential threat to continued Nasdaq listing, which is negative for shareholders.
Investing.com • Thomas Hughes