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Recon Receives NASDAQ Notification Regarding Minimum Bid Requirements

News Snapshot:

BEIJING, May 7, 2026 /PRNewswire/ — Recon Technology, Ltd (NASDAQ: RCON) ("Recon" or the "Company") today announced that on May 4, 2026, it received a letter from The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's ordinary shares was below $1.00 per share for a period of 30 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of…

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