CBL International regains Nasdaq compliance after BANL closes at $1 or above for 10 sessions through July 31, 2026
CBL International received a Nasdaq notice on August 12, 2025 after its shares closed below $1 for 30 consecutive trading days, triggering a 180-day compliance window through February 9, 2026. The company carried out a 1-for-13 share consolidation on July 20, 2026, after which its Class B ordinary shares closed at $1 or higher for 10 straight sessions from July 20 to July 31. On that basis, Nasdaq confirmed the company has regained compliance with the minimum bid price requirement. The development reflects a listing compliance update rather than a change in fundamentals or a direct driver of asset prices.