Viomi Technology Receives Nasdaq Minimum Bid Price Notification
Viomi Technology Co., Ltd. VIOT | 0.00 |
Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ:VIOT), a leading global technology company for home water systems, today announced that it has received a written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq") dated July 22, 2026, indicating that because the closing bid price of the Company’s American Depositary Shares ("ADSs") for the last 30 consecutive business days was below US$1.00 per share, the Company no longer meets the Nasdaq minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1).
Pursuant to the Nasdaq Listing Rules, the Company is provided with a compliance period of 180 calendar days, or until January 19, 2027, to regain compliance. If at any time during the 180-day compliance period, the closing bid price of the Company’s ADSs is at least US$1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide the Company with written confirmation of compliance and this matter will be closed.
The Nasdaq notification letter will have no effect on the Company’s business operations, and the Company will take all reasonable measures to regain compliance.
