J-Star regains Nasdaq compliance with minimum bid price rule

Nasdaq’s hearings panel said the company met the $1.00 minimum bid requirement after its shares closed at or above that level for 10 consecutive trading sessions.

Summary

J-Star Holding Co., Ltd. said it has regained compliance with Nasdaq Listing Rule 5550(a)(2), the minimum bid price requirement for continued listing on The Nasdaq Capital Market. The company said Nasdaq’s hearings panel issued a written decision after a July 21, 2026 hearing, and Nasdaq’s Listing Qualifications Staff confirmed on July 28, 2026 that J-Star had met the standard after its ordinary shares maintained a closing bid price of at least $1.00 per share for 10 consecutive trading sessions. J-Star said it remains listed on The Nasdaq Capital Market under the ticker YMAT and is in compliance with all applicable Nasdaq continued listing requirements. Jonathan Chiang, Founder, Chairman and CEO of J-Star, said management is focused on executing its business plan, including battery materials initiatives, manufacturing expansion, strategic growth opportunities and long-term shareholder value creation.

Terms & Concepts
  • minimum bid price requirement: Nasdaq rule requiring a listed company’s shares to maintain a minimum closing price, typically $1.00, to remain listed.
  • Nasdaq Hearings Panel: A Nasdaq body that reviews listing compliance matters and can decide whether a company may continue trading on the exchange.