# Smart Logistics Global Gets 180-Day Nasdaq Compliance Extension

> Smart Logistics Global Limited receives 180-day extension to meet Nasdaq's minimum bid price rules.
- Title: Smart Logistics Global Gets 180-Day Nasdaq Compliance…
- Summary: Smart Logistics Global Limited receives 180-day extension to meet Nasdaq's minimum bid price rules. Smart Logistics Global Limited gets 180 days to regain…
- Keywords: smart logistics global, nasdaq, compliance period, minimum bid price, class a ordinary shares, slgb, nasdaq capital market, money, business, Smart, Logistics, Global
- Source: Financialpost — https://financialpost.com/globe-newswire/smart-logistics-global-limited-receives-additional-180-day-nasdaq-compliance-period
- Read time: 1 min
- Topics: smart logistics global, nasdaq, compliance period, minimum bid price, class a ordinary shares, slgb, nasdaq capital market, money, business
## Nasdaq Grants Compliance Extension
Smart Logistics Global Limited receives written notification from Nasdaq granting an additional 180-calendar-day period to regain compliance with minimum bid price requirement.
## Compliance Period Ends April 2027
The additional compliance period runs until April 26, 2027, after which the Company must meet Nasdaq's minimum bid price requirement.
## Company Meets Listing Requirements
Nasdaq determined the Company satisfies continued listing requirements for market value of publicly held shares and other initial listing requirements.
## Trading Continues Normally
The Company's Class A Ordinary Shares continue trading on Nasdaq Capital Market under symbol SLGB with no immediate effect on listing.
## Recovery Conditions
If closing bid price reaches at least US$1.00 per share for ten consecutive business days, Nasdaq will confirm compliance restoration.
## Company Plans Alternatives
The Company intends to monitor closing bid price and evaluate alternatives including reverse stock split to regain compliance.
## Key takeaway

Smart Logistics Global Limited gets 180 days to regain Nasdaq compliance after failing minimum bid price requirement.