Cheche Group announced a 35-for-1 reverse stock split effective July 20, 2026, to meet Nasdaq compliance standards. The company regained compliance with the minimum bid price requirement on July 13. Furthermore, on July 15, Nasdaq approved a 180-day extension for the group to maintain compliance with the $1.00 minimum bid price rule.
Nasdaq granted Cheche Group a second 180-day window to regain its $1.00 minimum bid price compliance following the expiration of its initial grace period.
Read the full storyCCG has officially met Nasdaq's minimum bid price requirement following a reverse stock split, resolving its previous deficiency notice.
The company will consolidate shares on July 20, 2026, to boost its stock price above the $1.00 threshold and avoid potential delisting.