NEW YORK, Sept. 11, 2025 — Lucas GC Limited (NASDAQ: LGCL) (“Lucas” or the “Company”), an AI-driven Platform-as-a-Service (PaaS) provider focused on human resources and insurance, today announced it received notification from Nasdaq that it is not in compliance with the minimum bid price requirement (Listing Rule 5550(a)(2)). This is because the company’s share price remained below $1.00 for 30 consecutive business days. This announcement is made in accordance with Nasdaq Listing Rule 5810(b), which mandates prompt disclosure of deficiency notifications. The notice does not immediately affect the listing of Lucas GC Limited’s shares, which will continue trading on Nasdaq under the ticker “LGCL.”
According to Nasdaq Listing Rule 5810(c)(3)(A), Lucas GC Limited has until March 4, 2026, a 180-day period, to regain compliance with the minimum bid price rule. Compliance will be achieved if the company’s share price closes at or above $1.00 for at least 10 consecutive business days during this period, at which point Nasdaq will issue a written confirmation and close the matter. If compliance is not achieved within this timeframe, the company may be eligible for an extension, provided there are no other deficiencies.
Lucas GC Limited plans to monitor its share price and will consider all available options to regain compliance with Nasdaq’s listing rules, including a reverse stock split, if deemed appropriate.
About Lucas GC Limited
Lucas GC Limited, holding 19 granted U.S. and Chinese patents and over 75 registered software copyrights in AI, data analytics, and blockchain, is an AI technology-driven PaaS company with over 780,320 agents on its platform. Lucas’s technologies cater to the human resources and insurance sectors. More details are available at .
Forward-Looking Statements
This press release contains “forward-looking statements” regarding future expectations, plans, and prospects, and other statements that are not historical facts. Terms like “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and similar expressions identify these statements, though their presence isn’t required. Actual results may differ materially due to various factors, including market uncertainties. These statements reflect expectations only as of this release date, and Lucas GC Limited disclaims any obligation to update them, whether due to new information, future events, or otherwise.
For Investor Inquiries and Media Contact:
https://www.lucasgc.com/
ir@lucasgc.com
T: 818-741-0923
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