Group 1 - Founder Group Limited (FGL) received a notification from Nasdaq indicating that it no longer meets the minimum public float requirement of 500,000 shares as per Nasdaq listing rule 5550(a)(4) [1] - The notification does not have an immediate impact on the listing and trading of the company's Class A common stock [1] - FGL is required to submit a specific plan to Nasdaq by April 3, 2026, detailing how it will achieve and maintain compliance with all listing requirements [1] Group 2 - Founder Group Limited specializes in providing end-to-end engineering, procurement, construction, and commissioning (EPCC) solutions for solar photovoltaic (PV) facilities in Malaysia [2] - The company's primary business focuses on large-scale solar projects and commercial and industrial (C&I) solar projects [2] - FGL aims to provide innovative solar installation services, promote eco-friendly resources, and achieve carbon neutrality goals [2]
Founder Group Limited 收到 NASDAQ 关于最低公众持股量不足的通知