Smart Logistics Global Limited filed a Form 6-K on October 29, 2026, disclosing that Nasdaq granted the company an additional 180-calendar-day period to regain compliance with the minimum $1.00 bid price per share requirement under Nasdaq Listing Rule 5550(a)(2).

Key Highlights

  • Extended deadline: Nasdaq granted a second 180-calendar-day compliance period, running until April 26, 2027.
  • Original deficiency notice: Nasdaq first notified the company on May 1, 2026 that its closing bid price had been below $1.00 per share for 30 consecutive business days.
  • Initial period expired: The first 180-calendar-day compliance period expired on October 28, 2026.
  • Compliance requirement: The company must achieve a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days during the additional period.
  • Delisting risk: If compliance is not regained by April 26, 2027, Nasdaq will issue written notification that the company's securities will be delisted.
  • Trading continues: The notice has no immediate effect on the listing or trading of the company's Class A ordinary shares, which continue to trade on NASDAQ:SLGB.

Smart Logistics Global's Nasdaq Bid-Price Compliance Timeline and Conditions

According to the filing, Nasdaq's Listing Qualifications Department issued written notice on October 29, 2026, granting Smart Logistics Global Limited an additional 180-calendar-day period to meet the Minimum Bid Price Requirement under Nasdaq Listing Rule 5550(a)(2). The extension runs through April 26, 2027. The company's Class A ordinary shares continue to trade on The Nasdaq Capital Market under the symbol "SLGB," and the filing states the notice "has no immediate effect on the listing or trading" of those shares.

The filing notes that Nasdaq granted the additional period under Listing Rule 5810(c)(3)(A)(ii), citing the company's compliance with the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market, other than the Minimum Bid Price Requirement. The extension was also conditioned on the company's "written notice of its intention to cure the deficiency during the additional period," according to the filing.

The filing discloses that to regain compliance, the closing bid price of the company's Class A ordinary shares must reach at least $1.00 per share for a minimum of ten consecutive business days within the additional compliance period. The company disclosed that it "intends to regain compliance within the additional period." However, the filing cautions that "there can be no assurance that the Company will regain compliance within the additional period or maintain compliance with Nasdaq's other listing requirements." The filing also notes that if the company does not regain compliance by April 26, 2027, Nasdaq will issue written notification of delisting, and while the company may appeal to a Nasdaq Hearings Panel, "a hearing request would not stay the suspension of trading."

What Was Disclosed

Smart Logistics Global Limited disclosed receipt of a Nasdaq notice granting a second 180-calendar-day bid-price compliance period through April 26, 2027, following an original deficiency notice issued May 1, 2026, and an initial compliance period that expired October 28, 2026.