Business Context and Reporting Period
This Form 6-K filing by Baiya International Group Inc. covers the month of January 2026, with the report dated January 16, 2026. The filing addresses the Company's status regarding Nasdaq Stock Market listing compliance.
Key Financial Metrics
The filing does not provide current period revenue, profit, cash flow, or debt metrics. However, it references historical financial data used to satisfy listing requirements:
- Stockholders' Equity: $22,488,566 (as evidenced in a Form 6-K dated September 30, 2025).
- Minimum Bid Price: The closing bid price of ordinary shares was $1.00 or greater for the 10 consecutive business days from December 30, 2025, to January 13, 2026.
- Market Value of Listed Securities (MVLS): Previously below the $35 million threshold, triggering a compliance review.
Material Changes
The primary material change is the resolution of two prior non-compliance notices issued by Nasdaq on August 6, 2025:
- Minimum Bid Price (Rule 5550(a)(2)): The Company regained compliance as of January 14, 2026, after maintaining a closing bid price of at least $1.00 for 10 consecutive business days.
- Market Value of Listed Securities (Rule 5550(b)(1)): The Company regained compliance by meeting the alternative standard of maintaining stockholders' equity of at least $2.5 million, citing the September 30, 2025, equity figure of approximately $22.5 million.
Outlook, Risks, and Management Commentary
Nasdaq confirmed on January 14, 2026, that both compliance matters are now closed. The filing notes that the Company did not meet the net income requirement (Rule 5550(b)(3)) or the MVLS requirement (Rule 5550(b)(2)) but successfully utilized the stockholders' equity standard to regain compliance. No forward-looking guidance or new risk factors were disclosed in this specific filing.
Investor Verification Checklist
- Verify the current stock price to ensure it remains above the $1.00 minimum bid price threshold.
- Review the September 30, 2025, Form 6-K to confirm the $22,488,566 stockholders' equity figure.
- Monitor future filings for any new Nasdaq deficiency notices regarding market value or financial standards.
- Check for upcoming financial reports to assess if the Company meets net income requirements for future compliance periods.