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Digital Currency X Technology Receives Nasdaq Delisting Notification

Benzinga·01/23/2026 21:01:47
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Digital Currency X Technology Inc. (NASDAQ:DCX) (the "Company") today announced that it received a written notification (the "Notice") dated January 20, 2026 from the Listing Qualifications (the "Staff") of The Nasdaq Stock Market LLC ("Nasdaq"). The Notice stated that the Company is not in compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum closing bid price of $1.00 per share (the "Minimum Bid Price Requirement"). The closing bid price of the Company's Class A ordinary shares, par value US$0.3 per share (the "Class A Ordinary Shares") was below $1.00 per share over the previous 30 consecutive business days from December 4, 2025 through January 16, 2026.

Normally, a company would be afforded a 180-calendar day period to demonstrate compliance with the Minimum Bid Price Requirement. However, pursuant to Listing Rule 5810(c)(3)(A)(iv), the Company is not eligible for any compliance period specified in Rule 5810(c)(3)(A) due to the fact that the Company has effected a reverse stock split over the prior one-year period or has effected one or more reverse stock splits over the prior two-year period with a cumulative ratio of 250 shares or more to one.