OFA Group Receives Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency

Core Viewpoint - OFA Group has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, as its ordinary shares traded below $1.00 for 30 consecutive business days [1][2]. Compliance Status - The Company has a compliance period of 180 calendar days, until June 9, 2026, to regain compliance with the 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]. Additional Grace Period - Should the Company fail to regain compliance by June 9, 2026, it may be eligible for an additional 180-day grace period, provided it meets other listing requirements [4]. Company Overview - OFA Group, through its subsidiary Office for Fine Architecture Limited, offers comprehensive architectural services, including design and fit-out services for commercial and residential buildings [5]. - The Company is focused on leveraging architectural design expertise and developing proprietary AI technologies to enhance its services [5].