Recon Technology regains Nasdaq compliance with $1 minimum bid price rule
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- Recon Technology regained compliance with Nasdaq’s $1 minimum bid requirement, ending a delisting risk tied to Listing Rule 5550(a)(2).
- Nasdaq confirmed the stock’s closing bid stayed at or above $1 for 10 straight sessions from Sept. 1 to Sept. 15.
- The company had received a Nasdaq deficiency notice on May 4 for trading below $1 for 30 consecutive business days.
- Nasdaq closed the matter in a Sept. 16 letter, stating Recon is now compliant with all listing standards.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Recon Technology Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609180830PR_NEWS_USPR_____CN51275) on September 18, 2026, and is solely responsible for the information contained therein.
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