LexinFintech Receives Nasdaq Non-Compliance Notice

SHENZHEN, China, Oct. 16, 2026 /CourierPR/ -- LexinFintech Holdings Ltd., a leading technology-empowered personal financial service enabler in China, has received a notification from the Nasdaq Stock Market LLC on October 14, 2026, indicating that the company is not in compliance with the $1.00 minimum bid price requirement under the Nasdaq Listing Rules. According to the notice, the company's American Depositary Shares (ADSs) have not met the minimum bid price requirement set forth in Listing Rule 5450(a)(1) during the period from September 1, 2026, to October 13, 2026.

The company's ADSs will continue to trade on the Nasdaq Global Select Market, and the receipt of the notice does not impact the company's business operations or its reporting requirements with the U.S. Securities and Exchange Commission. The notice states that under Listing Rule 5810(c)(3)(A), LexinFintech has 180 calendar days, or until April 12, 2027, to regain compliance with the Listing Rules. During this period, the closing bid price of the company's ADSs must meet or exceed $1.00 per ADS for at least ten consecutive business days, unless Nasdaq exercises its discretion to extend this ten-day period.

LexinFintech is evaluating options to regain compliance with Nasdaq's continued listing requirements, including a potential adjustment of the ratio of its ADSs to Class A ordinary shares. The company intends to take appropriate measures to timely regain compliance. However, there can be no assurance that the company will ultimately be able to do so. In the event that the company is unable to regain compliance within the applicable period, Nasdaq will initiate delisting proceedings, and the company will evaluate all available alternatives at that time.

LexinFintech Holdings Ltd. is a credit technology-empowered personal financial service enabler. Its mission is to use technology and risk management expertise to make financing more accessible for young generation consumers. The company connects consumers with financial institutions through a unique model that includes online and offline channels, installment consumption platforms, big data and AI-driven credit risk management capabilities, and smart user and loan management systems. LexinFintech also empowers financial institutions by providing cutting-edge proprietary technology solutions to meet their needs for financial digital transformation.