Bit Origin Receives 180-Day Extension from Nasdaq to Regain Compliance with Minimum Bid Price Requirement - Candlesense
BTOG Compliance

Bit Origin Receives 180-Day Extension from Nasdaq to Regain Compliance with Minimum Bid Price Requirement

(NASDAQ:BTOG) SINGAPORE, Aug. 29, 2025 (GLOBE NEWSWIRE) -- Bit Origin Ltd (NASDAQ: BTOG) ("Bit Origin" or the "Company"), today announced that it has received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) granting the Company an additional 180-calendar-day compliance period, or until February 16, 2026, to regain compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).

Related Questions

What is the probability that Bit Origin can raise its share price above the $1 minimum within the 180‑day extension? How might the compliance extension influence short‑term liquidity, volatility, and trading volume of BTOG shares? What contingency plans (e.g., reverse split, capital raise, or alternative listing) does the company have if it fails to meet the Nasdaq bid‑price requirement?
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