Nasdaq Warns Baosheng Media Over Sub-$1 Stock Price
BAOS is trading near its 52-week low of $0.241 (13% above the low) on elevated volume (5.8× avg).
Summary
Baosheng Media received a Nasdaq bid-price deficiency notice on Sep 10, 2026, after its stock traded below $1.00. The company has 180 days, until Mar 9, 2027, to regain compliance by closing at or above $1.00 for at least 10 consecutive trading days, or it may pursue a reverse split. This follows a series of recent capital events including a postponed reverse split vote and a $300M shelf filing amid a Cayman winding-up petition. The notice formalizes delisting risk and adds a hard deadline that traders will track. A potential additional 180-day extension exists if other listing standards are met. Shares traded down following the news.
At the time of this announcement, BAOS was trading at $0.27 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $10.1M. The 52-week trading range was $0.24 to $5.22. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Wiseek News.