Xiao-I Corporation Receives Nasdaq Listing Deficiency Notices

Xiao-I Corporation received two notices from Nasdaq indicating non-compliance with continued listing requirements. The first notice, dated December 16, 2025, cited a failure to meet the minimum bid price requirement (Listing Rule 5450(a)(1)), with the closing bid price falling below $1.00 for 30 consecutive business days. The Company has 180 days, until June 16, 2026, to regain compliance. The second notice, dated December 17, 2025, stated non-compliance with the minimum market value of publicly held shares (MVPHS) requirement (Listing Rule 5450(b)(3)(C)), falling below $15.0 million for 30 consecutive business days. The Company has 180 days, until June 15, 2026, to regain compliance. These notices do not have an immediate effect on the trading of the Company’s American Depositary Shares. Xiao-I Corporation intends to evaluate options to regain compliance within the specified periods.