# CLPS Incorporation Receives Nasdaq Notification Regarding Minimum Bid Price Requirements

- Link: https://www.thailand-business-news.com/pr-news/clps-incorporation-receives-nasdaq-notification-regarding-minimum-bid-price-requirements
- Published: 2026-05-30T07:16:00+07:00
- Author: PR Newswire

HONG KONG, May 30, 2026 /PRNewswire/ — CLPS Incorporation (the "Company" or "CLPS")(
Nasdaq: CLPS) today announced that it received a notification letter (the "Notification
Letter") from Listing Qualifications Department of The Nasdaq Stock Market LLC ("
Nasdaq") dated May 27, 2026, indicating that the Company’s closing bid price for
its common shares fell below $1.00 per share for 30 consecutive trading days, which
is not in compliance with Nasdaq Listing Rule 5450(a)(1) for continued listing on
The Nasdaq Global Market. The Nasdaq notification does not affect CLPS’s current
listing or trading of the Company’s securities on the Nasdaq Global Market. This
press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires 
prompt disclosure upon the receipt of a deficiency notification.

Nasdaq Listing Rule 5450(a)(1) requires listed securities to maintain a minimum 
bid price of US$1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that
a failure to meet the minimum bid price requirement exists if the deficiency continues
for a period of 30 consecutive business days. Based on the closing bid price of 
the Company’s common shares for the 30 consecutive business days from April 14, 
2026 to May 26, 2026, the Company no longer meets the minimum bid price requirement.

Pursuant to the Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted 
a 180-calendar day compliance period, until November 23, 2026, to regain compliance
with the minimum bid price requirement. To regain compliance, CLPS’s common shares
must have a closing bid price of at least $1.00 per share for a minimum of 10 consecutive
business days. If the Company achieves this within the compliance period, Nasdaq
will provide written confirmation of compliance and the matter will be closed.

In the event that the Company does not regain compliance by November 23, 2026, it
may be eligible for an additional 180-day compliance period by transferring to the
Nasdaq Capital Market from the Nasdaq Global Market, provided it meets the necessary
listing requirements, and notifying Nasdaq of its intent to cure the deficiency 
by effecting a reverse stock split if necessary, or may be subject to delisting.

The Notification Letter will have no effect on the Company’s business operations,
and CLPS intends to monitor the closing bid price of its common shares and is committed
to taking all reasonable measures, including, but not limited to, implementing a
reverse share split of its outstanding common shares, to regain compliance with 
Nasdaq’s minimum bid price requirement.

**About CLPS Incorporation**

CLPS Incorporation (NASDAQ: CLPS), established in 2005 and headquartered in Hong
Kong, is at the forefront of driving digital transformation and optimizing operational
efficiency across industries through innovations in artificial intelligence, cloud
computing, and big data. Our diverse business lines span sectors including fintech,
payment and credit services, e-commerce, education and study abroad programs, and
global tourism integrated with transportation services. Operating across 10 countries
worldwide, with strategic regional hubs in Shanghai (mainland China), Singapore (
Southeast Asia), and California (North America), and supported by subsidiaries in
Japan and the UAE, we provide a robust global service network that empowers legacy
industries to evolve into data-driven, intelligent ecosystems. For further information
regarding the Company, please visit: [**https://ir.clpsglobal.com/**](https://ir.clpsglobal.com/),
or follow CLPS on [**Facebook**](https://www.facebook.com/CLPSGlobal), [**Instagram**](https://www.instagram.com/clpsglobal/),
[**LinkedIn**](http://www.linkedin.com/company/1230582/?trk=prof-exp-company-name),**
X**, and [**YouTube**](https://www.youtube.com/channel/UCBbAFnJEtRf3aZ4zly2vSOA).

**Forward-Looking Statements**

Certain of the statements made in this press release are "forward-looking statements"
within the meaning and protections of Section 27A of the Securities Act of 1933,
as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. 
Forward-looking statements include statements with respect to the Company’s beliefs,
plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions,
and future performance. Known and unknown risks, uncertainties and other factors,
which may be beyond the Company’s control, may cause the actual results and performance
of the Company to be materially different from such forward-looking statements. 
All such statements attributable to us are expressly qualified in their entirety
by this cautionary notice, including, without limitation, those risks and uncertainties
related to the Company’s expectations of the Company’s future growth, deployment
in the AI technology sector, performance and results of operations, the Company’s
ability to capitalize on various commercial, M&A, technology and other related opportunities
and initiatives, as well as the risks and uncertainties described in the Company’s
most recently filed SEC reports and filings. Such reports are available upon request
from the Company, or from the Securities and Exchange Commission, including through
the SEC’s Internet website at [http://www.sec.gov](http://www.sec.gov/). We have
no obligation and do not undertake to update, revise or correct any of the forward-
looking statements after the date hereof, or after the respective dates on which
any such statements otherwise are made.

**Contact:**

CLPS Incorporation
Rhon GalichaInvestor Relations Office Phone: +86-182-2192-5378Email:
[ir@clpsglobal.com](https://www.thailand-business-news.com/pr-news/ir@clpsglobal.com)

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