Autozi Internet Technology Receives Nasdaq Bid Price Notification but Maintains Business Stability

Autozi Internet Technology Faces Nasdaq Bid Price Challenge

On July 2, 2025, Autozi Internet Technology (Global) Ltd. received a notification from the Nasdaq Stock Market. This notification informed the company that its American depositary shares (ADSs) closed below the minimum bid price requirement of $1.00 per share for the last 30 consecutive business days. Despite the urgency of this notice, the company reassured stakeholders that its business operations would not be affected negatively as a result.

According to Nasdaq Listing Rule 5450(a)(1), maintaining a minimum bid price is crucial for continued listing on the exchange. However, there's a silver lining; the company has been granted a 180-calendar-day grace period to regain compliance by boosting its share price above the threshold. This compliance period runs until December 29, 2025.

During this time, if Autozi manages to keep its ADSs priced at $1.00 or higher for at least ten consecutive business days, Nasdaq will formally recognize this compliance, allowing the matter to be closed. If Autozi does not reach this mark by the end of the compliance period, it may still be eligible for an additional grace period, provided it meets other listing requirements.

The company is exploring various options, including possibly executing a reverse stock split if deemed necessary. This move could enhance its chances of meeting the price requirement within the stipulated timeframe. Autozi emphasized that it will take all reasonable steps to fulfill the Nasdaq Listing Rules and to secure its position on the exchange.

Autozi has had a vibrant history since its inception in 2010, and is known for providing comprehensive lifecycle automotive services across China. The company operates both online and offline, leveraging its advanced supply chain cloud platform alongside Software as a Service (SaaS) solutions to create a flourishing ecosystem that links all stakeholders in the automotive sector. This collaborative approach helps streamline processes and drive innovation throughout the industry.

Despite facing challenges related to stock market compliance, Autozi's commitment to its foundational business strategy suggests resilience. The company's operations continue unabated, and it is optimistic about regaining compliance with Nasdaq criteria. Furthermore, Autozi's dedication to enhancing the automotive service marketplace in China remains unwavering. The future will depend on its proactive strategies and the market's reception of its innovative solutions.

In summary, while the recent Nasdaq notification introduces potential hurdles for Autozi, it serves as both a challenge and an opportunity. The company's leadership remains steadfast in focusing on compliance, operational excellence, and market expansion, ensuring that its brand continues to thrive in the competitive landscape of automotive services.

Conclusion
The road ahead will require diligent efforts from Autozi as they navigate through this compliance phase. Investors and stakeholders are keenly observing how the company addresses these challenges. Autozi's plans for strategic maneuvers will be critical in determining its future on Nasdaq and its overall growth trajectory in the automotive sector.