Origin Agritech Limited filed a Form 6-K on October 30, 2026, disclosing that it received a written notice from Nasdaq on October 27, 2026, stating its ordinary shares had closed below the $1.00 minimum bid price requirement for 30 consecutive business days.

Key Highlights

  • Notice received: Nasdaq's Listing Qualifications Department issued the notice on October 27, 2026, citing a closing bid price below $1.00 per share for the last 30 consecutive business days.
  • Rule cited: The deficiency relates to Nasdaq Listing Rule 5550(a)(2), the Minimum Bid Price Requirement for continued listing on The Nasdaq Capital Market.
  • Compliance deadline: The company has 180 calendar days, until April 26, 2027, to regain compliance.
  • Compliance threshold: To regain compliance, the closing bid price must reach at least $1.00 per share for a minimum of ten consecutive business days during the compliance period.
  • Possible remedy: According to the filing, the company may consider a reverse stock split, if necessary, to cure the deficiency.
  • No immediate listing impact: The filing states the notice "has no immediate effect on the listing of the Company's ordinary shares on The Nasdaq Capital Market."

Origin Agritech Discloses Nasdaq Minimum Bid Price Deficiency and 180-Day Cure Period

According to the Form 6-K filed with the U.S. Securities and Exchange Commission, Origin Agritech Limited (NASDAQ:SEED) disclosed that Nasdaq's Listing Qualifications Department sent the company a written notice on October 27, 2026. The notice stated that the closing bid price of the company's ordinary shares had been below the required minimum of $1.00 per share for 30 consecutive business days, placing the company out of compliance with Nasdaq Listing Rule 5550(a)(2).

The filing states that under Nasdaq Listing Rule 5810(c)(3)(A), the company has been given a compliance period of 180 calendar days, ending April 26, 2027, to restore the bid price to the required level. Compliance would be confirmed in writing by Nasdaq once the closing bid price meets or exceeds $1.00 per share for at least ten consecutive business days, though the filing notes Nasdaq may, at its discretion, require up to 20 consecutive business days before determining the company has demonstrated long-term compliance ability.

If the company does not regain compliance by April 26, 2027, the filing explains it may be eligible for a second 180-calendar-day compliance period, provided it meets continued listing requirements for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, except the bid price requirement. The company would also need to notify Nasdaq in writing of its intention to cure the deficiency, which could include effecting a reverse stock split. Should the company fail to qualify for or satisfy the second period, Nasdaq would issue a delisting notice, and the company would have the right to appeal to a Nasdaq Hearings Panel. The filing includes forward-looking statements subject to the company's cautionary language regarding known and unknown risks and uncertainties.

What Was Disclosed

Origin Agritech Limited reported receiving a Nasdaq bid price deficiency notice on October 27, 2026, for trading below $1.00 per share for 30 consecutive business days, with a cure deadline of April 26, 2027, and the possibility of a reverse stock split as a remedial option.