04:31 PM EDT, 08/22/2025 (MT Newswires) -- Top KingWin ( WAI ) said Friday that it has received a notification from Nasdaq over the delisting of its class A shares after the bid price of its shares has closed at less than $1 per share over the past 30 consecutive business days.

The company said it is not eligible for any compliance period because it effected a reverse stock split in May 2025, or within the prior one-year period.

Top KingWin ( WAI ) said it has until Aug. 25 to request an appeal to the exchange's hearing panel, and added that it plans to request such hearing before that date.