ABU DHABI, United Arab Emirates, July 24, 2026 (GLOBE NEWSWIRE) -- NIP Group Inc. (“NIPG” or the “Company”) (NASDAQ: NIPG) today announced that on July 21, 2026, it has received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), stating that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”). The matter is now closed.
As previously disclosed, on March 24, 2026, the Company received a notification letter from Nasdaq, indicating that for the 32 consecutive business days prior to that date, the closing bid price of the Company’s American depositary shares (the “ADSs”) had been below the Minimum Bid Price Requirement of US$1.00 per share, resulting in a minimum bid price deficiency. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided with 180 calendar days, or until September 21, 2026, to regain compliance.
According to Nasdaq’s compliance notice, the Company evidenced a closing bid price at or above US$1.00 for 10 consecutive business days from July 7, 2026 to July 21, 2026. Thus, the Company has regained compliance with the Minimum Bid Price Requirement, and the deficiency matter has been closed by Nasdaq.
About NIP Group
NIP Group (NASDAQ: NIPG) operates at the nexus of Bitcoin mining, compute infrastructure and global digital entertainment. Rooted in a decade of gaming DNA and industry leadership, the Company brings a cultural and community-driven edge to digital asset operations. Headquartered in Abu Dhabi with teams worldwide, NIP Group pairs significant compute capacity with a global gaming and entertainment ecosystem including esports teams, live events and content networks, reaching hundreds of millions of fans.
Safe Harbor Statements
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