Mint Incorporation Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Mint Incorporation Limited (Nasdaq: MIMI) announced on December 23, 2025, that it received a notification letter dated December 19, 2025, from The Nasdaq Capital Market stating that the closing bid price of its Class A ordinary shares has been below $1.00 for 30 consecutive business days. This constitutes a non-compliance with Nasdaq Listing Rule 5550(a)(2). The notification does not immediately affect the trading of the company's shares, which will continue under the ticker "MIMI". Mint Incorporation Limited has a compliance period of 180 calendar days, until June 17, 2026, to regain compliance by achieving a minimum closing bid price of $1.00 for at least 10 consecutive business days. If compliance is not met, the company may be eligible for an additional 180-day grace period, provided it meets other listing requirements and intends to cure the deficiency, potentially through a reverse stock split. The company is exploring options to regain compliance, including a reverse stock split.