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News  ›  GlobeNewswire Inc.

Webus International Limited Receives Nasdaq Notice Regarding Minimum Bid Price Requirement

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Webus International Limited Receives Nasdaq Notice Regarding Minimum Bid Price Requirement

Webus International Limited (NASDAQ: WETO) received a deficiency letter from Nasdaq on December 30, 2025, indicating non-compliance with the minimum bid price requirement of $1.00 per share. The company has been given 180 calendar days until June 29, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. The letter has no immediate effect on the company's listing or trading on the Nasdaq Capital Market.

Insights
WETO   negative

The company failed to maintain Nasdaq's minimum bid price requirement of $1.00 per share, indicating financial distress and weak stock performance. While the deficiency letter has no immediate delisting effect, it signals potential future listing risks if the company cannot recover its stock price within the 180-day compliance period.