Li Bang International Corporation Inc. Regains Compliance with Nasdaq Minimum Bid Price Requirement

Li Bang International Corporation Inc. has officially regained compliance with the Nasdaq Listing Rule 5550(a)(2), which mandates a minimum bid price of $1.00 per share. The company received formal notification from Nasdaq on April 28, 2026, confirming that its Class A Ordinary Shares have met the requirement for 20 consecutive business days, from March 30, 2026, to April 27, 2026. This resolves the non-compliance issue initially identified on November 7, 2025, when the bid price fell below $1.00 for 31 consecutive business days. The company had until May 6, 2026, to regain compliance. This development is considered positive for the company's continued listing on the Nasdaq Stock Market.