The parent company of esports organisation Ninjas in Pyjamas (NIP) has resolved a listing issue with Nasdaq that had put its stock at risk of being kicked off the exchange.

NIP Group Inc., the company behind the esports club Ninjas in Pyjamas, announced that it has regained compliance with Nasdaq’s Minimum Bid Price Requirement. The company said it received written confirmation from Nasdaq’s Listing Qualifications Department on July 21, 2026, and that the matter is now closed.

Back on March 24, 2026, Nasdaq sent NIP Group a notice warning that its stock had a problem. For 32 straight business days before that date, the closing price of the company’s American depositary shares (ADSs) had stayed below $1.00. Nasdaq requires listed companies to keep their share price at or above that $1.00 mark under Listing Rule 5450(a)(1), known as the Minimum Bid Price Requirement.

Under Nasdaq’s rules, companies aren’t delisted immediately for this. NIP Group was given 180 calendar days to get its price back above $1.00. To meet the deadline, NIP Group adjusted the ratio of its ADSs, effective July 6, 2026.

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After the adjustment took effect, NIP Group’s stock needed to hold a closing price at or above $1.00 for 10 consecutive business days to satisfy Nasdaq. According to the compliance notice, the company’s ADSs closed at or above $1.00 every day from July 7 to July 21, 2026, meeting that bar. Nasdaq confirmed compliance on July 21 and closed the matter. The company made the announcement public on July 24. As of publication, NIP Group’s stock was trading at $12.07.

NIP Group isn’t alone in facing this kind of Nasdaq requirement. GameSquare Holdings, the parent company of esports organisation FaZe Clan, is currently dealing with a similar situation. GameSquare’s share price has stayed below the $1.00 minimum for several months, putting the company at risk of delisting as well.

Unlike NIP Group, GameSquare has not yet completed a fix. The company plans to hold a Special Meeting of Stockholders on August 13, 2026, where it will ask shareholders to vote on approving a reverse stock split of its own.

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