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Cre8 Enterprise Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement
Globenewswire· 2026-03-04 13:00
Hong Kong, March 04, 2026 (GLOBE NEWSWIRE) -- Cre8 Enterprise Limited (Nasdaq: CRE) (“Cre8” or the “Company”), a Hong Kong-based integrated financial printing service provider, today announced that on March 2, 2026, it has received written notification (the "Compliance Notice") from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has regained compliance with the minimum bid price requirement in Nasdaq Listing Rule 5550(a)(2) ("Minimum Bid Price Req ...
Cre8 Enterprise Limited Announces 1-for-12 Reverse Stock Split
Globenewswire· 2026-02-11 12:50
Core Viewpoint - Cre8 Enterprise Limited is implementing a reverse stock split to increase the per share trading price of its Class A Ordinary Shares to meet Nasdaq's minimum bid price requirement of $1.00 for continued listing [5]. Group 1: Reverse Stock Split Details - The reverse stock split will occur at an exchange ratio of one share for twelve shares, reducing the number of outstanding Class A Ordinary Shares from approximately 19,667,500 to about 1,638,959 [3]. - The reverse stock split was approved by the Company's Board of Directors on January 15, 2026 [1]. - The new CUSIP number for the Class A Ordinary Shares post-split will be G2R63D113, and trading will begin on February 13, 2026, under the ticker symbol "CRE" [2]. Group 2: Shareholder Information - Registered shareholders do not need to take any action regarding the reverse stock split, as they will receive book-entry shares instead of physical stock certificates [4]. - Fractional shares resulting from the split will not be issued; instead, they will be rounded up to the next whole number [3]. Group 3: Company Overview - Cre8 Enterprise Limited provides integrated financial printing services for listed companies, IPO applicants, and private companies in Hong Kong, covering a range of services from design to logistics [6]. - The company has expanded its offerings to include complementary design services and technological support for disseminating financial reports and announcements [6].
Cre8 Enterprise Limited Announces 1-for-12 Reverse Stock Split
Globenewswire· 2026-02-11 12:50
Core Viewpoint - Cre8 Enterprise Limited is implementing a reverse stock split to increase the per share trading price of its Class A Ordinary Shares to meet Nasdaq's minimum bid price requirement of $1.00 for continued listing [5]. Group 1: Reverse Stock Split Details - The reverse stock split will occur at an exchange ratio of one share for twelve shares, reducing the number of outstanding Class A Ordinary Shares from approximately 19,667,500 to about 1,638,959 [3]. - The reverse stock split was approved by the Company's Board of Directors on January 15, 2026 [1]. - The new CUSIP number for the Class A Ordinary Shares post-split will be G2R63D113, and trading will begin on February 13, 2026, under the ticker symbol "CRE" [2]. Group 2: Shareholder Information - Registered shareholders do not need to take any action regarding the reverse stock split, as they will receive book-entry shares instead of physical stock certificates [4]. - Fractional shares resulting from the split will not be issued; instead, they will be rounded up to the next whole number [3]. Group 3: Company Overview - Cre8 Enterprise Limited provides integrated financial printing services for listed companies, IPO applicants, and private companies in Hong Kong, covering a range of services from design to logistics [6]. - The company has expanded its offerings to include complementary design services and technological support for disseminating financial reports and announcements [6].
Cre8 Enterprise Limited Announces Its First Half 2025 Unaudited Financial Results
Globenewswire· 2025-12-01 21:15
Core Viewpoint - Cre8 Enterprise Limited reported a modest revenue increase and a significant rise in net income for the six months ended June 30, 2025, driven by growth in integrated IPO financial printing services and reduced operating expenses [2][7]. Financial Performance - Revenue increased by approximately 1.4% from HK$58.0 million for the six months ended June 30, 2024, to HK$58.8 million (US$7.5 million) for the same period in 2025 [2]. - Net income rose by approximately 63.7% from HK$4.9 million for the six months ended June 30, 2024, to HK$8.0 million (US$1.0 million) for the six months ended June 30, 2025 [7]. - Gross profit slightly decreased by approximately 2.6% from HK$28.3 million for the six months ended June 30, 2024, to HK$27.6 million (US$3.5 million) for the same period in 2025 [3]. Revenue Breakdown - Revenue from integrated IPO financial printing services increased by approximately HK$7.6 million, or 45.1%, from HK$17.0 million for the six months ended June 30, 2024, to HK$24.6 million (US$3.1 million) for the six months ended June 30, 2025 [2]. - Revenue from non-IPO financial printing services decreased by approximately HK$6.9 million, or 16.7%, from HK$41.0 million for the six months ended June 30, 2024, to HK$34.1 million (US$4.4 million) for the same period in 2025 [2]. Expense Management - Selling and marketing expenses decreased by approximately HK$3.2 million, or 29.7%, from HK$11.0 million for the six months ended June 30, 2024, to HK$7.7 million (approximately US$1.0 million) for the six months ended June 30, 2025 [4]. - General and administrative expenses decreased by approximately HK$0.9 million, or 8.1%, from HK$11.3 million for the six months ended June 30, 2024, to HK$10.4 million (US$1.3 million) for the same period in 2025 [5]. Tax and Earnings Per Share - Income tax expense increased from approximately HK$1.2 million for the six months ended June 30, 2024, to approximately HK$1.6 million (US$0.2 million) for the six months ended June 30, 2025 [6]. - Basic and diluted earnings per share were approximately HK$0.36 (US$0.05) for the six months ended June 30, 2025, compared to HK$0.22 for the same period in 2024 [8]. Cash Flow and Capital Resources - As of June 30, 2025, cash and cash equivalents were approximately HK$11.3 million (US$1.4 million), down from HK$13.8 million as of December 31, 2024 [9]. - Net cash generated from operating activities for the six months ended June 30, 2025, was approximately HK$0.9 million (US$0.1 million) [10]. - Cash used in investing activities was approximately HK$0.7 million (US$0.1 million) for the purchase of property and equipment [11]. Recent Developments - The company was listed on the Nasdaq Capital Market on July 23, 2025, under the ticker symbol "CRE" [13]. - The initial public offering generated total gross proceeds of $6.67 million, including proceeds from the over-allotment option [13]. Company Overview - Cre8 Enterprise Limited provides integrated financial printing services for listed companies, IPO applicants, and private companies in Hong Kong, covering a range of services from design to compliance document submissions [14].
Cre8 Enterprise Limited Expands Its Programming Team to Develop AI-enhanced Project Management Platform
Globenewswire· 2025-11-25 10:51
Core Insights - Cre8 Enterprise Limited is expanding its programming team to develop an AI-enhanced project management platform aimed at improving internal communication and collaboration among team members [1] - The platform will feature tools such as tagging, real-time notifications, shared dashboards, task lists, timelines, and Gantt charts to enhance workflow organization and task allocation [1] - This initiative is expected to provide better oversight for clients undergoing IPOs by improving document updates, version control, and regulatory filing timelines [1][2] Company Overview - Cre8 Enterprise Limited offers integrated financial printing services for listed companies, IPO applicants, and private companies in Hong Kong, covering a wide range of services from concept creation to compliance document submissions [3] - The company has expanded its offerings to include complementary design services such as website design, branding, and content creation for marketing materials [3] - Additionally, Cre8 provides technological support through its "Cre8IR" brand, disseminating announcements, financial reports, and industry news feeds [3]
Cre8 Enterprise Limited Expands Its Programming Team to Develop AI-enhanced Project Management Platform
Globenewswire· 2025-11-25 10:51
Core Insights - Cre8 Enterprise Limited is expanding its programming team to develop an AI-enhanced project management platform aimed at improving internal communication and collaboration among team members [1] - The platform will feature tools such as tagging, real-time notifications, shared dashboards, task lists, timelines, and Gantt charts to enhance workflow organization and task allocation [1] - This initiative is expected to provide better oversight for clients undergoing IPOs by improving document updates, version control, and regulatory filing timelines [1][2] Company Overview - Cre8 Enterprise Limited offers integrated financial printing services for listed companies, IPO applicants, and private companies in Hong Kong, covering a wide range of services from concept creation to compliance document submissions [3] - The company has expanded its offerings to include complementary design services like website design, branding, and content creation for marketing materials [3] - Additionally, Cre8 provides technological support through its "Cre8IR" brand, disseminating announcements, financial reports, and industry news feeds [3]
Cre8 Enterprise Limited Accepts Crypto-Currencies as a Payment Method for Its Clients
Globenewswire· 2025-11-17 12:00
Core Insights - Cre8 Enterprise Limited has launched a new digital payment initiative allowing clients to settle payments using cryptocurrencies such as USD Coin (USDC), Tether (USDT), and Bitcoin (BTC) [1][2] - This initiative reflects the company's commitment to financial innovation and enhancing customer convenience through blockchain-based payment solutions [2] Company Overview - Cre8 Enterprise Limited is a Hong Kong-based provider of integrated financial printing services, catering to listed companies, IPO applicants, and private companies in the finance and capital market [3] - The company offers a wide range of services including concept creation, artwork design, typesetting, proofreading, translation, printing, binding, logistics, and e-submissions of financial reports and compliance documents [3] - In addition to core services, Cre8 has expanded to include complementary design services such as website design, branding, and content creation for marketing materials [3] - The company also provides technological support through its "Cre8IR" brand, disseminating announcements, circulars, financial reports, and industry news feeds [3]
Cre8 Enterprise Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
Globenewswire· 2025-10-06 20:30
Core Points - Cre8 Enterprise Limited has received a notification from Nasdaq indicating that it no longer meets the minimum bid price requirement of $1 per share for its Class A Ordinary Shares [1][2] - The company has a compliance deadline of April 1, 2026, to regain compliance by maintaining the closing bid price at or above $1 for at least ten consecutive business days [2] - If compliance is not achieved by the deadline, the company may be eligible for additional time to regain compliance, provided it meets other listing requirements [2][3] Company Overview - Cre8 Enterprise Limited is a Hong Kong-based integrated financial printing service provider, offering services to listed companies, IPO applicants, and private companies in the finance and capital market [4] - The company's services include concept creation, artwork design, typesetting, proofreading, translation, printing, binding, logistics, and e-submissions of financial reports and compliance documents [4] - Cre8 has expanded its offerings to include website design, branding, content creation for marketing materials, and technological support for disseminating announcements and financial reports through its "Cre8IR" brand [4]
Cre8 Enterprise Limited Participates in the Second Largest IPO in the World This Year
Globenewswire· 2025-09-26 11:50
Core Insights - Cre8 Enterprise Limited is the sole financial printing service provider for Zijin Gold International Company Limited, supporting its IPO on the Hong Kong Stock Exchange [1][2] - Zijin Gold aims to raise approximately US$3.2 billion, marking it as the second largest IPO globally in 2025 [2] - The shares of Zijin Gold are expected to commence trading on September 30, 2025 [2] Company Overview - Cre8 Enterprise Limited offers integrated financial printing services, including typesetting, translation, graphic design, printing, and distribution for financial documents [1][5] - The company operates 24/7 and serves listed companies, IPO applicants, and private companies in Hong Kong [5] - Cre8 has expanded its services to include website design, branding, and technological support for disseminating financial reports and announcements [5] Industry Context - Zijin Gold is a leading global gold mining company formed by consolidating Zijin Mining's gold mines outside of China [3] - The company leverages Zijin Mining's expertise in managing low-grade and refractory resources, enhancing its competitive position in the gold mining sector [3] - The engagement with Zijin Gold highlights Cre8's reputation for reliability and expertise in regulatory-compliant documentation for capital market participants [4]
Cre8 Enterprise Limited Develops AI-Enhanced Translation Workflow Transformation
Globenewswire· 2025-09-18 11:05
Core Insights - Cre8 Enterprise Limited is developing internal AI tools to enhance its financial printing services, focusing on translation, typesetting, proofreading, and design [1][2] - The AI-driven enhancements are expected to improve accuracy, reduce turnaround times, and lower costs, with translation costs potentially decreasing by up to 90% compared to traditional methods [2] - The company is also exploring strategic partnerships with technology leaders to expand the applications of its developed tools [2][3] Company Overview - Cre8 Enterprise Limited provides integrated financial printing services for listed companies, IPO applicants, and private companies in Hong Kong, covering a wide range of services from design to logistics [4] - The company has expanded its offerings to include complementary services such as website design, branding, and content creation for marketing materials [4] - Cre8 also supports clients by disseminating and publishing financial reports and announcements through its "Cre8IR" brand [4]