Autozi Internet Technology Faces Listing Challenges on Nasdaq with Notification Letters
Autozi Internet Technology Confronts Nasdaq Listing Hurdles
On December 2, 2025, Autozi Internet Technology (Global) Ltd., a leading automotive service and supply-chain technology platform in China, announced it received two significant notification letters from the Nasdaq Stock Market. This development raises concerns over the company’s compliance with Nasdaq's listing rules, particularly those related to the Market Value of Publicly Held Shares (MVPHS) and stock pricing.
Details of the Notification Letters
The first notification highlights that Autozi is not in compliance with the Nasdaq's minimum MVPHS requirement of $15,000,000. According to Nasdaq Listing Rule 5450(b)(2)(C), a company must maintain this minimum value to sustain its listing on the Nasdaq Global Market. The notification was issued following a deficiency that persisted over 30 consecutive business days, from October 15, 2025, to November 25, 2025. However, it's important to note that this notification does not immediately impact the trading of Autozi’s securities.
Nasdaq has provided Autozi with a compliance period of 180 calendar days, extending until May 26, 2026, giving the company time to restore its MVPHS above the required threshold. Should Autozi's MVPHS exceed $15 million for at least ten consecutive business days during this period, they will receive confirmation of compliance, and the issue will be resolved.
The second notification letter addressed the stock's closing bid price, which fell to $0.10 or less for ten consecutive trading days as of November 25, 2025. This situation places Autozi at risk of being delisted under Listing Rule 5810(c)(3)(A)(iii). Nasdaq has effectively initiated steps to delist the company's securities.
The Company's Response and Potential Appeal
Autozi has the option to appeal Nasdaq's determination about the potential delisting. The company submitted a request for a hearing to a Hearings Panel on December 2, 2025, which, if approved, will suspend the suspension of its securities while the panel reviews the case. The hearing fee amounts to $20,000, and a successful appeal would allow the company to overturn the delisting decision if they can demonstrate compliance.
In response to the notifications, Autozi asserted its commitment to regain compliance with Nasdaq’s listing standards and emphasized its strong position within the automotive service sector. Autozi has built a reputation as a fast-growing player in China’s automotive space since its inception in 2010. The company utilizes a sophisticated supply chain cloud platform and SaaS solutions to enhance its operational efficiency, connecting various stakeholders within the automotive industry.
Future Outlook
The next few months will be crucial for Autozi as it navigates these compliance challenges. The company must not only work towards meeting the MVPHS requirement but also focus on stabilizing its stock price to avoid potential delisting. As Autozi continues to foster relationships and enhance collaboration within the automotive supply chain, stakeholders will be keen to see how the company manages this crisis while maintaining growth and operational demands.
In conclusion, Autozi's current situation reflects the complexities businesses can face in competitive markets. Their strategy for compliance and adherence to Nasdaq regulations will be closely monitored by investors and analysts alike as the deadline for compliance approaches in mid-2026.