China Xiangtai Food Co ( (BTOG) ) just unveiled an announcement.
On February 21, 2025, Bit Origin Ltd received a notification from Nasdaq indicating non-compliance with the minimum bid price requirement, as its shares traded below $1.00 for 30 consecutive business days. The company has until August 20, 2025, to regain compliance by achieving a closing bid price of at least $1.00 for ten consecutive days. If unsuccessful, Bit Origin may qualify for an additional compliance period, potentially involving a reverse stock split to meet the requirements. The company is actively monitoring its share price and exploring options to maintain its Nasdaq listing, emphasizing its commitment to shareholder value.
More about China Xiangtai Food Co
Bit Origin Ltd, formerly known as China Xiangtai Food Co., Ltd., is an emerging growth company operating in the United States, engaged in the cryptocurrency mining business. The company is also actively deploying blockchain technologies alongside diversified expansion strategies.
YTD Price Performance: -68.37%
Average Trading Volume: 105,868
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.62M
For detailed information about BTOG stock, go to TipRanks’ Stock Analysis page.