Business Context and Reporting Period
Company: Recon Technology, Ltd.
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: September 2026 (Specifically addressing events through September 18, 2026)
Context: The filing addresses the Company's compliance status with The Nasdaq Stock Market LLC regarding minimum bid price requirements.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding regulatory compliance and does not contain financial statements or operational metrics.
Material Changes
- Regulatory Status Change: The Company previously received a notice on May 4, 2026, stating its Class A ordinary shares failed to maintain a minimum bid price of $1.00 per share for 30 consecutive business days.
- Compliance Regained: On September 16, 2026, Nasdaq confirmed that the closing bid price was at or above $1.00 per share for the ten consecutive business days from September 1, 2026, through September 15, 2026.
- Outcome: The Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), and the matter is now closed.
Guidance, Outlook, and Risks
Management Commentary: Management confirms the resolution of the delisting risk associated with the minimum bid price deficiency. A press release dated September 18, 2026, is included as Exhibit 99.1.
Risks and Contingencies: The primary risk of delisting due to non-compliance with Nasdaq Listing Rule 5550(a)(2) has been resolved as of the filing date. No other risks, contingencies, or unusual items are disclosed in this text.
Investor Verification Checklist
- Verify the current trading price of Recon Technology, Ltd. Class A ordinary shares to ensure continued compliance with the $1.00 minimum bid price.
- Review the press release (Exhibit 99.1) for any additional details on the Company's capital structure or market conditions.
- Monitor future filings for any recurrence of bid price deficiencies or other listing standard violations.