Core Viewpoint - Creative Global Technology Holdings Limited is currently not in compliance with Nasdaq's minimum bid price requirement due to its Class A ordinary shares trading below $1.00 for 30 consecutive business days [1][2] Group 1: Compliance Notification - The company received a Notification Letter from Nasdaq on September 10, 2025, regarding non-compliance with the minimum bid price requirement [1] - The closing bid price of the company's Ordinary Shares was below $1.00 from July 28, 2025, to September 9, 2025 [1] Group 2: Compliance Period - The company has a compliance period of 180 calendar days, until March 9, 2026, to regain compliance with Nasdaq's minimum bid price requirement [3] - If the closing bid price reaches at least $1.00 for a minimum of 10 consecutive business days during this period, Nasdaq will confirm compliance [3] Group 3: Potential Actions - If compliance is not regained by March 9, 2026, the company may be eligible for an additional grace period, provided it meets other listing requirements [4] - The company may need to consider actions such as a reverse stock split to cure the deficiency [4] Group 4: Company Overview - Creative Global Technology Holdings Limited operates through CGTHK, focusing on sourcing and reselling recycled consumer electronic devices, embodying the circular economy concept [5]
Creative Global Technology Holdings Limited Receives Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency