CLPS Incorporation (NASDAQ: CLPS) received a notification from Nasdaq indicating its common shares fell below the required $1.00 minimum bid price for 30 consecutive trading days, from April 14, 2026 to May 26, 2026.

The Hong Kong-based company announced the notification, dated May 27, 2026, states it is not in compliance with Nasdaq Listing Rule 5450(a)(1) for continued listing on The Nasdaq Global Market. The notification does not affect the company's current listing or trading status.

Nasdaq has granted CLPS a 180-calendar day compliance period until November 23, 2026, to regain compliance. The company must achieve a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days to meet the requirement.

If CLPS fails to regain compliance by the deadline, it may be eligible for an additional 180-day period by transferring to the Nasdaq Capital Market, provided it meets necessary listing requirements and notifies Nasdaq of its intent to implement a reverse stock split if needed. The company could face delisting if these conditions are not met.

CLPS stated it intends to monitor its share price and take measures to regain compliance, including implementing a reverse share split of its outstanding common shares. The company said the notification will not affect its business operations.

Founded in 2005, CLPS provides digital transformation services across fintech, e-commerce, education and tourism sectors, operating in 10 countries with hubs in Shanghai, Singapore and California.