{"id":797346,"date":"2024-12-31T09:03:19","date_gmt":"2024-12-31T14:03:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/bit-origin-ltd-regains-compliance-with-nasdaq-listing-rule-5250c1\/"},"modified":"2024-12-31T09:03:19","modified_gmt":"2024-12-31T14:03:19","slug":"bit-origin-ltd-regains-compliance-with-nasdaq-listing-rule-5250c1","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/bit-origin-ltd-regains-compliance-with-nasdaq-listing-rule-5250c1\/","title":{"rendered":"Bit Origin Ltd Regains Compliance with Nasdaq Listing Rule 5250(c)(1)"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NEW YORK, Dec.  31, 2024  (GLOBE NEWSWIRE) &#8212; Bit Origin Ltd (NASDAQ: BTOG) (&#8220;Bit Origin&#8221; or the &#8220;Company&#8221;), an emerging growth company engaged in the crypto mining business with diversified expansion strategies, announced today that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) (the \u201cListing Rule\u201d) in connection with the filing of its annual report on Form 20-F for the fiscal year ended June 30, 2024.<\/p>\n<p align=\"justify\">On\u00a0November 20, 2024, the Company received a notice of non-compliance from The Nasdaq Stock Market LLC (the \u201cNasdaq\u201d) due to the delayed filing of its annual report.<\/p>\n<p align=\"justify\">On\u00a0December 27, 2024, the Company received a notice from Nasdaq that it has regained compliance with the Listing Rule, which requires listed companies to timely file all required periodic financial reports with the Securities and Exchange Commission.<\/p>\n<p>\n        <strong>About Bit Origin Ltd <\/strong>\n      <\/p>\n<p align=\"justify\">Bit Origin Ltd, formerly known as China Xiangtai Food Co., Ltd., is an emerging growth company operating in the United States and engaged in the cryptocurrency mining business. The Company is also actively deploying blockchain technologies alongside diversified expansion strategies. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eZmgcmRkd0zqEZi6ZFDESjh5rfzhmnJrDXYngjr9Dj_63HqAMMGbQZUc1nCxGpGCWAzlm06HmlCi6HHmsUJiJw==\" rel=\"nofollow\" target=\"_blank\">https:\/\/bitorigin.io<\/a>.<\/p>\n<p>\n        <strong><br \/>\n          <em>Safe Harbor Statement<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">\n        <em>This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as &#8220;may,&#8221; &#8220;will,&#8221; &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;aim,&#8221; &#8220;estimate,&#8221; &#8220;intend,&#8221; &#8220;plan,&#8221; &#8220;believe,&#8221; &#8220;potential,&#8221; &#8220;continue,&#8221; &#8220;is\/are likely to&#8221; or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.<\/em>\n      <\/p>\n<p>\n        <strong>Company Contact<\/strong>\n      <\/p>\n<p>Bit Origin Ltd <br \/>Mr. Jiang Jinghai, Chairman of the Board, CEO and COO<br \/>Email:\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=iamoPjvaSJrfcCV7eNZfPWJHiDLJXM-ws7MdKSW7lI3MjVN02zJwMye-oZUHWM1fErlFbbf0Hk_rKkc8SqeSNQ==\" rel=\"nofollow\" target=\"_blank\">ir@bitorigin.io<\/a><\/p>\n<p>To keep updated on Bit Origin\u2019s news releases and SEC filings, please subscribe to email alerts at\u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eZmgcmRkd0zqEZi6ZFDESjQL8l-eMs4PGDZynMyP2ZfKXCD9N_-AI06yo93xdirFZsdIpwzi0-IX1SeWQJDiADaKFhk1NM9XndqPzQgdRUpscO7flpF6R4PMu8Nfl_Tz\" rel=\"nofollow\" target=\"_blank\">https:\/\/bitorigin.io\/contact<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNTE3NiM2Njc0Njg4IzIyNTM4Mjk=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/NWYxM2FjNWEtYjc1Ni00YmRiLTg5ODItYTRmOWZmMjA0OGNiLTEyNjUzODI=\/tiny\/Bit-Origin-Ltd.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Dec. 31, 2024 (GLOBE NEWSWIRE) &#8212; Bit Origin Ltd (NASDAQ: BTOG) (&#8220;Bit Origin&#8221; or the &#8220;Company&#8221;), an emerging growth company engaged in the crypto mining business with diversified expansion strategies, announced today that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) (the \u201cListing Rule\u201d) in connection with the filing of its annual report on Form 20-F for the fiscal year ended June 30, 2024. On\u00a0November 20, 2024, the Company received a notice of non-compliance from The Nasdaq Stock Market LLC (the \u201cNasdaq\u201d) due to the delayed filing of its annual report. On\u00a0December 27, 2024, the Company received a notice from Nasdaq that it has regained compliance with the Listing Rule, which requires listed companies to timely &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bit-origin-ltd-regains-compliance-with-nasdaq-listing-rule-5250c1\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Bit Origin Ltd Regains Compliance with Nasdaq Listing Rule 5250(c)(1)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-797346","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bit Origin Ltd Regains Compliance with Nasdaq Listing Rule 5250(c)(1) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/bit-origin-ltd-regains-compliance-with-nasdaq-listing-rule-5250c1\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bit Origin Ltd Regains Compliance with Nasdaq Listing Rule 5250(c)(1) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Dec. 31, 2024 (GLOBE NEWSWIRE) &#8212; Bit Origin Ltd (NASDAQ: BTOG) (&#8220;Bit Origin&#8221; or the &#8220;Company&#8221;), an emerging growth company engaged in the crypto mining business with diversified expansion strategies, announced today that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1) (the \u201cListing Rule\u201d) in connection with the filing of its annual report on Form 20-F for the fiscal year ended June 30, 2024. On\u00a0November 20, 2024, the Company received a notice of non-compliance from The Nasdaq Stock Market LLC (the \u201cNasdaq\u201d) due to the delayed filing of its annual report. On\u00a0December 27, 2024, the Company received a notice from Nasdaq that it has regained compliance with the Listing Rule, which requires listed companies to timely &hellip; Continue reading &quot;Bit Origin Ltd Regains Compliance with Nasdaq Listing Rule 5250(c)(1)&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/bit-origin-ltd-regains-compliance-with-nasdaq-listing-rule-5250c1\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-31T14:03:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMyNTE3NiM2Njc0Njg4IzIyNTM4Mjk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bit-origin-ltd-regains-compliance-with-nasdaq-listing-rule-5250c1\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bit-origin-ltd-regains-compliance-with-nasdaq-listing-rule-5250c1\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Bit Origin Ltd Regains Compliance with Nasdaq Listing Rule 5250(c)(1)\",\"datePublished\":\"2024-12-31T14:03:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bit-origin-ltd-regains-compliance-with-nasdaq-listing-rule-5250c1\\\/\"},\"wordCount\":408,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bit-origin-ltd-regains-compliance-with-nasdaq-listing-rule-5250c1\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTMyNTE3NiM2Njc0Njg4IzIyNTM4Mjk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bit-origin-ltd-regains-compliance-with-nasdaq-listing-rule-5250c1\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/bit-origin-ltd-regains-compliance-with-nasdaq-listing-rule-5250c1\\\/\",\"name\":\"Bit Origin Ltd Regains Compliance with Nasdaq Listing Rule 5250(c)(1) - 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On\u00a0November 20, 2024, the Company received a notice of non-compliance from The Nasdaq Stock Market LLC (the \u201cNasdaq\u201d) due to the delayed filing of its annual report. 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