Core Viewpoint - SU Group Holdings Limited is currently not in compliance with Nasdaq's minimum bid price requirement due to its ordinary shares closing below $1.00 for 30 consecutive business days, but it has a compliance period of 180 days to regain compliance [1][2]. Company Overview - SU Group Holdings Limited is an integrated security-related services company based in Hong Kong, providing security-related engineering services, security guarding, screening services, and vocational training services [3]. - The company has over two decades of experience in delivering turnkey services for security systems, including threat detection, traffic control, and extra-low voltage systems across various sectors in Hong Kong [3]. Compliance and Future Actions - The company has a compliance period until September 16, 2025, to meet the minimum bid price requirement, and if the closing bid price reaches at least $1.00 for 10 consecutive business days, Nasdaq will confirm compliance [1]. - The company intends to monitor its share price and may consider options such as a reverse stock split to regain compliance with Nasdaq's requirements [2].
SU Group Received Nasdaq Notification Regarding Minimum Bid Price Compliance