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Paranovus Entertainment Technology Limited Regains Compliance with Nasdaq Requirements

Paranovus Entertainment Technology Limited, listed on the NASDAQ under the ticker symbol PAVS, has successfully regained compliance with the minimum bid price requirement set by the Nasdaq. The company received confirmation of this achievement from the Nasdaq Office of General Counsel on January 6, 2026. This notification included the good news that Paranovus is now in line with the listing criteria according to Rule 5550(a)(2).

As a result of this compliance, a previously scheduled hearing due on January 29, 2026, has been canceled, effectively closing the matter. This reinstatement ensures that Paranovus’ Class A ordinary shares will continue to be traded on the Nasdaq Capital Market, reassuring investors of a stable trading environment.

Paranovus Entertainment Technology Limited has been on a transformative journey, adapting its business model to focus on e-commerce solutions, particularly those linked to the platforms like TikTok. The company made a strategic shift by acquiring Bomie Wookoo Inc., a firm based in New York offering e-commerce solutions, back in March 2025.

This venture aligns with Paranovus' efforts to shed its previous operations, which concluded in September 2023 when it exited several legacy business segments in e-commerce, internet services, and advertisement sectors. Further changes included the cessation of its automobile sales division in July 2024.

The motivation behind these modifications is clear: to solidify their position within the rapidly evolving digital marketplace. Emphasizing the importance of adaptability, Paranovus aims to strengthen its innovation steering, especially in providing effective e-commerce solutions to capture an audience increasingly drawn to social media platforms.

The company encourages visitors to learn more about its latest projects and innovations by visiting its website at www.pavs.ai. This further extends an invitation to both potential investors and users to engage with the brand, highlighting its commitment to growth and development in the tech-savvy economy.

The future looks promising for Paranovus, as this regained compliance bodes well for its ongoing strategic initiatives aimed at achieving competitive advantages in the tech and entertainment sectors. The commitment to e-commerce excellence, fueled by the acquisition and ongoing innovation, places Paranovus on the path to sustained success in the dynamic marketplace, fostering a brighter outlook for its shareholders and partners alike.