Baird Medical Investment Holdings Receives Nasdaq Noncompliance Notice, Gets Time Through May 3, 2027 To Regain Compliance

Benzinga Newsdesk 21 hours ago

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Baird Medical Investment Holdings Limited (NASDAQ: BDMD) ("Baird Medical" or the "Company"), a healthcare innovator dedicated to microwave ablation (MWA) technology, today announced that the Company

Baird Medical Investment Holdings Limited (NASDAQ: BDMD) ("Baird Medical" or the "Company"), a healthcare innovator dedicated to microwave ablation (MWA) technology, today announced that the Company received a notification letter (the "Notification Letter") from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), dated November 2, 2026, notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. This notification does not result in the delisting of the Company’s shares, and Baird Medical’s shares will continue to trade, uninterrupted, on the Nasdaq Capital Market under the ticker "BDMD."

Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days.

In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until Monday, May 3, 2027, to regain compliance with the minimum bid price rule.

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