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Gaxos.AI Inc. has been told it might be removed from Nasdaq for not meeting price rules.

TroubleRead the original at SEC EDGAR
Bad for GXAI

Gaxos.AI fell short of Nasdaq’s $1 minimum share-price rule, putting its listing at risk. It has time to fix the problem, but failure could lead to delisting.

GXAI · Gaxos.AI Inc.

AI read · Bad for GXAI

The AI's read

That puts Gaxos.AI's place on Nasdaq at risk. Its shares can keep trading for now, and the company has time to fix the problem. A possible reverse stock split is one option, but it does not guarantee the company will keep its listing.

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