PR Newswire·Jul 21, 2026, 6:30 AM ET

SOLAI Limited Receives Delisting Notice from the New York Stock Exchange

SOLAI Limited (NYSE: SLAI) received a written notice from the NYSE on July 16, 2026, to commence delisting proceedings for its American Depositary Shares (ADSs).
Trading in the Company's ADSs was suspended on the NYSE effective July 16, 2026.
The delist decision was made under Section 802.01B of the NYSE Listed Company Manual due to the Company failing to maintain the required average global market capitalization of at least US$15,000,000 over a consecutive 30 trading day period.
The Company has the right to request a review of the delist determination by a Committee of the Board of Directors of the NYSE.
The NYSE will apply to the Securities and Exchange Commission to delist the ADSs after completing all applicable procedures, including any potential appeal by the Company.
Chairman Man San Vincent Law stated the Company is evaluating options, including seeking a review, while affirming that business operations continue as usual.
The Company expects its ADSs or underlying Class A ordinary shares to become eligible for quotation on an appropriate tier of the OTC Markets.
The Company anticipates that trading on the OTC Markets may provide less liquidity compared to the NYSE.
The transition to the OTC Markets will not impact the Company's business operations or its reporting obligations to the U.S. Securities and Exchange Commission.
SOLAI Limited is a technology-driven personal AI and digital infrastructure provider, formerly known as BIT Mining Limited.