1. HXHX received a Nasdaq compliance notification for low stock price. 2. Stock traded below $1.00 for 31 consecutive business days. 3. The company has until June 15, 2026, to regain compliance. 4. A reverse stock split may be considered to meet requirements. 5. Haoxin operates temperature-controlled transport services across China.
FAQ
Why Bearish?
Consistent trading below $1.00 indicates ongoing financial struggle. Previous cases show similar stocks failed to recover.
How important is it?
The notification poses a significant risk to stock stability and investor confidence.
Why Short Term?
The 180-day timeline is critical; failure may lead to further delisting. Similar companies often see immediate decline.
Haoxin Holdings Limited Receives Nasdaq Notification Regarding Minimum Bid-Price Requirement
Ningbo, Zhejiang, China, December 17, 2025 - Haoxin Holdings Limited (Nasdaq: HXHX) has announced its receipt of a notification letter from The Nasdaq Stock Market LLC regarding compliance issues with the Minimum Bid Price Requirement.
Compliance Notification Details
On December 15, 2025, Haoxin received a notification from Nasdaq indicating that it was not in compliance with Nasdaq Listing Rule 5550(a)(2) due to its Class A ordinary shares' closing bid price falling below US$1.00 for 31 consecutive business days, specifically from October 30, 2025, to December 12, 2025.
This notification is issued in accordance with Nasdaq Listing Rule 5810(b), which mandates immediate disclosure upon receipt of a deficiency notification. Importantly, this notification does not impact the current trading status of Haoxin’s Class A ordinary shares, which will continue to be listed under the ticker symbol HXHX on The Nasdaq Capital Market.
Compliance Period and Next Steps
Haoxin Holdings Limited has a compliance period of 180 calendar days, ending on June 15, 2026, to regain compliance with the Minimum Bid Price Requirement. To achieve compliance, the Company must ensure that its Class A ordinary shares close at a minimum of US$1.00 for at least 10 consecutive business days during this period.
If this threshold is met, Nasdaq will validate the compliance, closing the case. Should Haoxin be unable to meet this requirement within the initial compliance period, it may be eligible for an additional 180-day extension, contingent upon fulfilling other listing requirements and notifying Nasdaq of its intent to cure the deficiency, possibly through a reverse stock split.
Company's Intent and Future Plans
Haoxin intends to actively monitor the closing bid price of its shares and is exploring all potential options to regain compliance with Nasdaq’s Minimum Bid Price Requirement, which may include implementing a reverse stock split.
About Haoxin Holdings Limited
Haoxin Holdings Limited specializes in temperature-controlled truckload and urban delivery services across China. The Company operates a fleet of large and medium-sized temperature-controlled logistics vehicles, catering to intra-city delivery needs with medium-sized vans.
The goods transported by Haoxin primarily include electronic devices, chemicals, fruits, food, and other commercial products, servicing factory logistics throughout 30 out of 34 provinces and autonomous regions in China. For additional information, please visit Haoxin's official website at ir.haoxinholdings.com.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements as defined under the Securities Act of 1933 and related regulations. These statements may include plans and intentions regarding the Company’s efforts to comply with Nasdaq’s listing requirements, including potential reverse stock splits. Actual results could differ materially due to various known and unknown risks and uncertainties.
Haoxin Holdings Limited disclaims any obligation to update forward-looking statements except as required by law.