Core Viewpoint - CCH Holdings Ltd has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, but this does not currently affect the trading of its securities on Nasdaq [1][2][3]. Company Compliance Status - The Company has until August 3, 2026, to regain compliance with the minimum bid price requirement of $1.00 per share, having a 180-day period from the notification date [3]. - If the bid price closes at or above $1.00 for ten consecutive trading days before the deadline, Nasdaq will confirm compliance [3]. - The Company is currently compliant with all other Nasdaq continued listing standards [4]. Business Operations - The Notification Letter does not impact the Company's business operations, SEC reporting requirements, or contractual obligations [4]. - CCH Holdings Ltd operates as a leading specialty hotpot restaurant chain in Malaysia, focusing on chicken hotpot and fish head hotpot [5]. - The Company offers catering services under two brands: Chicken Claypot House for chicken hotpot and Zi Wei Yuan for fish head hotpot, utilizing both company-owned and franchised outlets [5].
Announcement of Receipt of Notice From Nasdaq Regarding Minimum Bid Price Requirement