I-Mab announced on June 12, 2025, that it received notification from The Nasdaq Stock Market LLC, confirming that the company had regained compliance with Nasdaq’s $1.00 minimum bid price requirement. This compliance was achieved under Nasdaq Listing Rule 5550(a)(2).
The company had previously received a deficiency notice on March 19, 2025, for failing to meet the minimum bid price. Regaining compliance within the allotted 180-day period removes the immediate threat of delisting.
This resolution ensures that I-Mab's American Depositary Shares (ADSs) will continue to trade on the Nasdaq Global Market. The company's ability to resolve this deficiency reflects its commitment to maintaining its listing standards.
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