BeyondSpring Inc.

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On September 29, 2026, BeyondSpring Inc. (the “Company”) received a written notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, because the Company’s market value of listed securities (“MVLS”) has fallen below $35 million for the last 30 consecutive business days, the Company no longer complies with the MVLS requirement for continued listing on the Nasdaq Capital Market, pursuant to Nasdaq Listing Rule 5550(b)(2) (the “MVLS Requirement”). The notification letter does not result in the immediate delisting of the Company’s securities and has no immediate effect on the listing or trading of the Company’s securities on Nasdaq. Pursuant to Nasdaq Listing Rule 5810(c)(3)(C), the Company is provided with a compliance period of 180 calendar days from the date of the notification letter, or until March 29, 2027, to regain compliance with the MVLS Requirement. During this period, the Company’s securities will continue to trade on Nasdaq. If at any time before March 29, 2027, the MVLS of the Company closes at $35 million or more for a minimum of ten consecutive business days (subject to the Staff’s discretion to extend this period under Nasdaq Listing Rule 5810(c)(3)(H)), Nasdaq will provide written confirmation of compliance and this matter will be closed. In the event the Company does not regain compliance by March 29, 2027, Nasdaq will provide written notification that the Company’s securities are subject to delisting, at which time the Company may appeal the delisting determination. The notification letter does not affect the Company’s business operations, and the Company is considering all available options to regain compliance with the listing rules within the prescribed compliance period. There can be no assurance that the Company will be able to regain compliance with the MVLS Requirement or will otherwise remain in compliance with other Nasdaq listing criteria.