UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
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Item 8.01 Other Event
As previously disclosed, on July 18, 2025, Advanced Biomed Inc. (the “Company”) received a written notice from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq” or the “Staff”) notifying the Company that the bid price for the Company’s common stock had closed below the minimum $1.00 per share requirement for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided a compliance period of 180 calendar days, or until January 14, 2026, to regain compliance with the Minimum Bid Price Requirement.
The Company did not regain compliance with the Minimum Bid Price Requirement by January 14, 2026. Accordingly, by letter dated January 16, 2026, the Staff notified the Company that its securities would be scheduled for delisting from Nasdaq and suspended at the opening of business on January 27, 2026, unless the Company requested an appeal of this determination before a Nasdaq Listing Qualifications Hearings Department (the “Panel”).
On January 21, 2026, the Company appealed the Staff’s delisting determination by submitting a hearing request to the Panel, which stayed the suspension of the Company’s securities and the filing of a Form 25-NSE pending the Panel’s decision. A hearing was held on February 17, 2026. The Company presented to the Panel a plan to regain compliance with the Minimum Bid Price Requirement, including the implementation of a reverse stock split approved by the Company’s stockholders on January 12, 2026.
On March 12, 2026, the Company received a written decision from the Panel stating that the Company had regained compliance with Nasdaq Listing Rule 5550(a)(2). The Panel determined that, following the Company’s reverse stock split completed on February 20, 2026, the Company had maintained a closing bid price of $1.00 or more per share, and therefore the Company is in compliance with the Minimum Bid Price Requirement. As a result, the Company’s common stock will remain listed on The Nasdaq Stock Market, subject to a one-year Panel monitor pursuant to Nasdaq Listing Rule 5815(d)(4)(A).
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Advanced Biomed Inc. | ||
| Date: March 16, 2026 | By: | /s/ Yi Lu |
| Yi Lu | ||
| Chief Executive Officer | ||
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