11:09 AM EDT, 09/10/2024 (MT Newswires) -- Xiao-I ( AIXI ) said Tuesday that it has regained compliance with Nasdaq's minimum bid price requirement for continued listing as of Monday.

The company was informed of its non-compliance with the rule in July and according to the recent notice from Nasdaq, Xiao-I ( AIXI ) has maintained a closing bid price of at least $1 from Aug. 23 to Sept. 8.

Shares of Xiao-I ( AIXI ) were down more than 8% in recent trading.

Price: 3.15, Change: -0.28, Percent Change: -8.04