XCHG Regains Nasdaq Compliance After Minimum Bid Price Rule Violation

XCHG Limited (NASDAQ: XCH), a provider of high-power electric vehicle charging solutions with headquarters in Hamburg, Germany, and Austin, Texas, has regained compliance with Nasdaq’s minimum bid price rule for continued listing. The exchange confirmed on Monday that the company’s ADS maintained a closing bid price of at least $1.00 per share for 10 consecutive business days, from August 24 to September 4, 2026, resolving a prior deficiency notice issued on June 24, 2026. At that time, the ADS had fallen below the $1.00 threshold for 30 consecutive days, triggering Nasdaq’s Rule 5450(a)(1). The initial compliance period granted by Nasdaq expired on December 21, 2026, but the company’s recent performance restored adherence to the requirement.