GIBO regains compliance with Nasdaq listing requirements

Published 22/09/2025, 11:06
GIBO regains compliance with Nasdaq listing requirements

HONG KONG - GIBO Holdings Limited (NASDAQ:GIBO), an AIGC animation streaming platform with a market capitalization of $11.06 million, announced Monday that it has regained compliance with Nasdaq’s minimum bid price requirement under Listing Rule 5450(a)(1).

According to a letter received from Nasdaq dated September 18, 2025, the company will remain under a Discretionary Panel Monitor for a one-year period to ensure ongoing compliance with Nasdaq’s continued listing standards. The stock has experienced significant volatility, declining nearly 100% over the past year, according to InvestingPro data.

GIBO’s Class A Ordinary Shares and warrants will continue to be listed and traded on the Nasdaq under the ticker symbols "GIBO" and "GIBOW," respectively.

The company describes itself as an integrated AIGC animation streaming platform serving a community across Asia for creating, publishing, sharing, and consuming AI-generated animation content. GIBO reports having approximately 86 million registered users.

This announcement was made in a company press release statement.

In other recent news, GIBO Holdings Limited announced the completion of a 200-for-1 share consolidation, which will take effect on August 20, 2025. This move, approved by shareholders, consolidates every 200 shares into one, as part of efforts to address the company’s low share price. GIBO Holdings had received a delisting notice from Nasdaq due to its share price falling below $1.00 for ten consecutive trading days, which is a requirement for maintaining its listing. Additionally, GIBO Holdings has successfully completed trials of its GIBO Click system on two platforms: CoolShort and DramaFlow. The trial on CoolShort focused on audience analytics and adaptive monetization strategies, while the DramaFlow test involved a multi-currency settlement and analytics engine. These developments aim to enhance monetization models and support various regions with flexible commerce solutions.

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