Full Press Release Details
iTonic Holdings Ltd Granted An Extension of
Additional 180-Day by
Nasdaq to Regain Compliance with Minimum Bid Price Rule
BEIJING, China, April
23, 2026 - iTonic Holdings Ltd (the "Company" or "ITOC"), a healthcare solution provider specializing
in treatment planning systems for brachytherapy and other related products and services, today announced that on April 21, 2026, it
received notification from The Nasdaq Stock Market LLC ("Nasdaq") that Nasdaq approved the Company's request for
an extension of additional 180-calendar day, or until October 19, 2026 (the "Extension") to regain compliance with the
minimum closing bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Rule").The
Extension follows the expiration the initial 180-calendar day compliance period on April 20, 2026.
If the Company does not regain compliance
with the Minimum Bid Price Rule by October 19, 2026, Nasdaq has informed the Company that it will provide written notification that the
Company's Class A ordinary shares will be delisted. At that time, the Company may request a review of the delisting determination
by a Nasdaq Hearings Panel.
About iTonic Holdings Ltd
Founded in 1998, iTonic Holdings Ltd, through
its wholly owned operating subsidiary, Beijing Feitian Zhaoye Technology Co., Ltd., focuses on healthcare solutions for brachytherapy,
a targeted radiation therapy used in cancer treatment. Its lead product, Beijing Feitian's Treatment Planning System, helps ensure
safe and effective brachytherapy using radioactive sources inside the patient to kill cancer cells and shrink tumors. iTonic Holdings
Ltd is committed to leveraging its products and services to establish a potential new standard of care across multiple malignant tumor
applications. For more information, please visit: http://www.ftzy.com.cn/ir.
Safe Harbor Statement
This announcement contains forward-looking statements.
These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995,
including but not limited to statements related to ITOC's cash position, financial resources and potential for future growth, market
acceptance and penetration of new or planned product offerings, and future recurring revenues and results of operations. These forward-looking
statements can be identified by terminology such as "aim," "anticipate," "believe," "estimate,"
"expect," "hope," "going forward," "intend," "ought to," "plan,"
"project," "potential," "seek," "may," "might," "can," "could,"
"will," "would," "shall," "should," "is likely to" and the negative form of
these words and other similar expressions. Among other things, statements that are not historical facts, including statements about the
Company's beliefs and expectations are or contain forward-looking statements. Forward-looking statements involve inherent risks
and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement.
All information provided in this press release is as of the date of this press release and is based on assumptions that the Company believes
to be reasonable as of this date, and the Company does not undertake any obligation to update any forward-looking statement, except as
required under applicable law.
For investor and media inquiries, please contact:
Email: ir@ftzy.com.cn
Phone: +1-646-717-4593
Email: jian.lin@llyc.global