Core Viewpoint - Able View Global Inc. has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, which could impact its listing status if not addressed by June 2, 2026 [1][3]. Group 1: Compliance Notification - The company was notified on December 4, 2025, that it failed to maintain a closing bid price of at least USD$1.00 for 30 consecutive trading days [1]. - The notification does not have an immediate effect on the listing of the company's ordinary shares on Nasdaq [2]. Group 2: Compliance Period and Requirements - The company has 180 calendar days from the notification date to regain compliance, with a deadline of June 2, 2026 [3]. - If the closing bid price reaches at least USD$1.00 for ten consecutive business days during this period, Nasdaq will confirm compliance [3]. - If compliance is not achieved by the deadline, the company may be eligible for an additional compliance period if it meets other listing requirements [3]. Group 3: Monitoring and Strategic Options - The company plans to monitor its closing bid price until June 2, 2026, and will consider options to achieve compliance if necessary [4]. Group 4: Company Overview - Able View is the second-largest e-commerce hub in China for international beauty and personal care brands, providing a range of brand-management services [5]. - The company aims to enhance the power and premium status of the brands it manages, ensuring sustainable growth in the Chinese market [5].
Able View Announced Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency