Core Points - Springview Holdings Ltd has failed to comply with Nasdaq Continued Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share for 30 consecutive business days [1][2] - The company was given a 180-day period until October 22, 2025, to regain compliance but did not meet this requirement, leading to a Staff Delisting Determination [2][3] - The company has appealed the delisting determination and requested a hearing, which is typically scheduled 30-45 days after the request [3] Company Overview - Springview Holdings Ltd is involved in the design and construction of residential and commercial buildings in Singapore, with operations dating back to 2002 [4] - The company offers a comprehensive range of services including new construction, reconstruction, additions, alterations, and general contracting [4] - Springview also provides post-project services such as defect repairs and maintenance, enhancing customer engagement and future project opportunities [4]
Springview Holdings Ltd Initiates Appeal Following Nasdaq Delisting Notice