ABU DHABI, United Arab Emirates, July 24, 2026 (GLOBE NEWSWIRE) -- NIP Group Inc. (“NIPG” or the “Company”) (NASDAQ: NIPG) today announced that on July 21, 2026, it has received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), stating that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”). The matter is now closed.
As previously disclosed, on March 24, 2026, the Company received a notification letter from Nasdaq, indicating that for the 32 consecutive business days prior to that date, the closing bid price of the Company’s American depositary shares (the “ADSs”) had been below the Minimum Bid Price Requirement of US$1.00 per share, resulting in a minimum bid price deficiency. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided with 180 calendar days, or until September 21, 2026, to regain compliance.
According to Nasdaq’s compliance notice, the Company evidenced a closing bid price at or above US$1.00 for 10 consecutive business days from July 7, 2026 to July 21, 2026. Thus, the Company has regained compliance with the Minimum Bid Price Requirement, and the deficiency matter has been closed by Nasdaq.
About NIP Group
NIP Group (NASDAQ: NIPG) operates at the nexus of Bitcoin mining, compute infrastructure and global digital entertainment. Rooted in a decade of gaming DNA and industry leadership, the Company brings a cultural and community-driven edge to digital asset operations. Headquartered in Abu Dhabi with teams worldwide, NIP Group pairs significant compute capacity with a global gaming and entertainment ecosystem including esports teams, live events and content networks, reaching hundreds of millions of fans.
Safe Harbor Statements
This press release contains statements that constitute “forward-looking” statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” or other similar expressions. Among other things, the business outlook and quotations from management in this press release, as well as NIPG’s strategic and operational plans, contain forward-looking statements. NIPG may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about NIPG’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIPG’s growth strategies; its future business development, results of operations and financial condition; its ability to maintain and enhance the recognition and reputation of its brand; developments in the relevant governmental laws, regulations, policies toward NIPG’s industry; and general economic and business conditions globally and in the countries or regions where NIPG has operations; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIPG’s filings with the SEC. All information provided in this press release is as of the date of this press release, and NIPG undertakes no obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
NIP Group Inc.
Investor Relations: ir@nipgroup.gg
Public Relations: pr@nipgroup.gg
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NIP Group Inc. Regains Nasdaq Compliance With Minimum Bid Price Requirement
NIP Group Inc. has regained compliance with Nasdaq's Minimum Bid Price Requirement, closing a previous deficiency matter.
Quiver AI Summary
NIP Group Inc. announced that it has regained compliance with the Nasdaq Minimum Bid Price Requirement as of July 21, 2026, after staying above a closing bid price of $1.00 for 10 consecutive business days from July 7 to July 21, 2026. This follows a notification from Nasdaq received on March 24, 2026, stating the company was below the required bid price for 32 consecutive days, prompting a 180-day compliance period ending on September 21, 2026. The matter is now resolved. NIP Group, headquartered in Abu Dhabi, operates in Bitcoin mining and digital entertainment, leveraging its gaming experience to create a global ecosystem that includes esports teams and live events.
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FAQ
What recent compliance milestone did NIP Group achieve with Nasdaq?
NIP Group has regained compliance with Nasdaq's Minimum Bid Price Requirement, closing the deficiency matter.
When did NIP Group receive Nasdaq's notification of compliance?
NIP Group received the notification from Nasdaq on July 21, 2026.
What triggered NIP Group's initial compliance issue with Nasdaq?
The initial issue was due to the company's ADS closing bid price falling below $1.00 for 32 consecutive business days.
How long did NIP Group have to regain compliance?
NIP Group had 180 calendar days, until September 21, 2026, to regain compliance with Nasdaq rules.
What business operations does NIP Group focus on?
NIP Group operates in Bitcoin mining, compute infrastructure, and global digital entertainment, integrating gaming and esports.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NIPG Insider Trading Activity
$NIPG insiders have traded $NIPG stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $NIPG stock by insiders over the last 6 months:
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$NIPG Hedge Fund Activity
We have seen 2 institutional investors add shares of $NIPG stock to their portfolio, and 5 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Full Release
ABU DHABI, United Arab Emirates, July 24, 2026 (GLOBE NEWSWIRE) -- NIP Group Inc. (“NIPG” or the “Company”) (NASDAQ: NIPG) today announced that on July 21, 2026, it has received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), stating that the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”). The matter is now closed.
As previously disclosed, on March 24, 2026, the Company received a notification letter from Nasdaq, indicating that for the 32 consecutive business days prior to that date, the closing bid price of the Company’s American depositary shares (the “ADSs”) had been below the Minimum Bid Price Requirement of US$1.00 per share, resulting in a minimum bid price deficiency. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided with 180 calendar days, or until September 21, 2026, to regain compliance.
According to Nasdaq’s compliance notice, the Company evidenced a closing bid price at or above US$1.00 for 10 consecutive business days from July 7, 2026 to July 21, 2026. Thus, the Company has regained compliance with the Minimum Bid Price Requirement, and the deficiency matter has been closed by Nasdaq.
About NIP Group
NIP Group (NASDAQ: NIPG) operates at the nexus of Bitcoin mining, compute infrastructure and global digital entertainment. Rooted in a decade of gaming DNA and industry leadership, the Company brings a cultural and community-driven edge to digital asset operations. Headquartered in Abu Dhabi with teams worldwide, NIP Group pairs significant compute capacity with a global gaming and entertainment ecosystem including esports teams, live events and content networks, reaching hundreds of millions of fans.
Safe Harbor Statements
This press release contains statements that constitute “forward-looking” statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” or other similar expressions. Among other things, the business outlook and quotations from management in this press release, as well as NIPG’s strategic and operational plans, contain forward-looking statements. NIPG may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about NIPG’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIPG’s growth strategies; its future business development, results of operations and financial condition; its ability to maintain and enhance the recognition and reputation of its brand; developments in the relevant governmental laws, regulations, policies toward NIPG’s industry; and general economic and business conditions globally and in the countries or regions where NIPG has operations; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in NIPG’s filings with the SEC. All information provided in this press release is as of the date of this press release, and NIPG undertakes no obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
NIP Group Inc.
Investor Relations: ir@nipgroup.gg
Public Relations: pr@nipgroup.gg
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