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Zentek Ltd. Granted 180-Day Extension to Regain Compliance with Nasdaq's Minimum Bid Price Requirement
Accessnewswire· 2026-02-25 23:00
Core Viewpoint - Zentek Ltd. has been granted a 180-day extension by Nasdaq to comply with the minimum bid price requirement of $1.00 for continued listing on the exchange [1]. Group 1 - The extension follows the expiration of the initial 180-day period to regain compliance, which ended on February 23, 2026 [1].
Namib Minerals Receives Nasdaq Notification Regarding Minimum Market Value of Publicly Held Shares Requirement
Globenewswire· 2026-02-05 22:06
NEW YORK, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (“Namib Minerals” or “the Company”), (Nasdaq: NAMM), today announced that on January 30, 2026, the Company received a letter (the “Letter”) from the Nasdaq Listing Qualifications Department (the “Staff”) notifying the Company that during the period from December 5, 2025 to January 20, 2026 the Company’s ordinary shares, par value $0.0001 (the “Ordinary Shares”), did not meet the minimum market value of publicly held shares of $15,000,000 (the “MVPHS ...
RCI Receives Anticipated Nasdaq Letter
Businesswire· 2026-02-02 22:00
Core Viewpoint - RCI Hospitality Holdings, Inc. has received a notification from Nasdaq regarding its noncompliance with the timely filing of its Form 10-K for the year ended September 30, 2025, but this does not immediately affect its common stock listing [1]. Group 1: Compliance and Filing - RCI has until March 31, 2026, to file its 10-K or submit a compliance plan to regain compliance with Nasdaq rules [2]. - The company intends to file its 10-K as soon as possible and will submit a compliance plan if unable to meet the deadline [2]. - If Nasdaq accepts the compliance plan, the company may receive an extension of up to 180 calendar days, allowing compliance until June 29, 2026 [2]. Group 2: Appeal Process - Should Nasdaq not accept RCI's compliance plan, the company has the option to appeal the decision to a Nasdaq panel [2].
Kandal M Venture Limited Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency
Globenewswire· 2025-12-29 22:00
Core Viewpoint - Kandal M Venture Limited has received a letter of noncompliance from Nasdaq due to its closing bid price falling below the required minimum of $1 per share for the last 30 consecutive business days [1]. Group 1: Compliance and Listing Requirements - The company has a compliance period of 180 calendar days to regain compliance with Nasdaq's minimum bid price requirement [2]. - If Kandal's closing bid price reaches at least $1 for a minimum of ten consecutive business days during this period, Nasdaq will confirm compliance [2]. - Should the company fail to regain compliance, it may be eligible for additional time, provided it meets other listing requirements [3]. Group 2: Potential Actions and Consequences - To qualify for an extension, Kandal must meet the continued listing requirements for market value of publicly held shares and may need to consider a reverse stock split [3]. - If Kandal meets the necessary requirements, Nasdaq will grant an additional 180 calendar days for compliance [4]. - If Nasdaq determines that Kandal is unlikely to cure the deficiency, the company will be notified of potential delisting [4]. Group 3: Current Status and Future Plans - The notification from Nasdaq does not result in immediate delisting, and Kandal's shares will continue to trade under the symbol "FMFC" [5]. - The company is currently evaluating options to regain compliance and is committed to timely addressing Nasdaq's continued listing requirements [5]. Group 4: Company Overview - Kandal M Venture Limited is a contract manufacturer of affordable luxury leather goods, primarily producing handbags and smaller leather goods, with manufacturing operations based in Cambodia [6].
J-Star Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency
Globenewswire· 2025-12-16 14:00
Core Viewpoint - J-Star Holding Co., Ltd. has received a notification from Nasdaq regarding noncompliance with the minimum bid price requirement, as its closing bid price has been below $1 per share for the last 30 consecutive business days [1][4] Compliance Period - The company has a compliance period of 180 calendar days to regain compliance with Nasdaq's minimum bid price requirement [2] - If the closing bid price reaches at least $1 for a minimum of ten consecutive business days during this period, Nasdaq will confirm compliance [2] Additional Compliance Options - If J-Star does not regain compliance within the initial 180 days, it may be eligible for an additional compliance period, provided it meets other listing requirements [3] - The company may need to consider a reverse stock split to cure the deficiency if necessary [3] Current Trading Status - The notification does not result in immediate delisting, and J-Star's Class A ordinary shares will continue to trade under the symbol "YMAT" [4] - The company is actively evaluating options to regain compliance and intends to meet Nasdaq's continued listing requirements [4] Company Overview - J-Star Holding Co., Ltd. is a leading provider of carbon fiber and composite solutions, with operations in Taiwan, Hong Kong, and Samoa [5] - The company has over 50 years of experience in the material composites industry, focusing on lightweight, high-performance carbon composite products [5]
Able View Announced Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
Globenewswire· 2025-12-09 20:52
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].
SunPower Receives Notice of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q Filed on November 24, 2025
Globenewswire· 2025-11-24 21:45
Core Points - SunPower Inc. received a deficiency notification from Nasdaq for not timely filing its Q3 Form 10-Q for the quarter ended September 28, 2025 [1] - The company has 60 days to submit a plan to regain compliance with Nasdaq Listing Rule 5250(c)(1) [1] - The delay in filing the Q3 Form 10-Q was due to the need for additional time to compile and process information [2] - SunPower anticipates filing the Q3 Form 10-Q during the week of November 24, 2025 [2] Company Overview - SunPower Inc. is a leading residential solar services provider in North America [3] - The company offers a digital platform and installation services to support customers transitioning to energy-efficient lifestyles [3]
Li Bang International Announces Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
Globenewswire· 2025-11-12 21:10
Core Points - Li Bang International Corporation has received a notice from Nasdaq regarding non-compliance with the minimum bid price requirement of $1.00 per share for continued listing [1][2] - The company has a compliance period of 180 days, until May 6, 2026, to regain compliance [2] - If the bid price reaches $1.00 or more for 10 consecutive business days before the deadline, Nasdaq will confirm compliance [2] - The company is monitoring its stock price and considering options to regain compliance [3] Company Overview - Li Bang International specializes in designing, developing, producing, and selling stainless steel commercial kitchen equipment in China [4] - The company offers comprehensive services, including design, installation, and after-sales maintenance [4] - Li Bang aims to become a leading brand in the commercial kitchen appliance sector in China [4]
WF Holding Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
Globenewswire· 2025-10-30 20:05
Core Points - WF Holding Limited has received a notification from Nasdaq regarding non-compliance with the $1.00 closing bid price requirement for 30 consecutive business days from September 15, 2025, to October 27, 2025 [1][2] - The company has been granted a 180-calendar day compliance period until April 27, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 per share for 10 consecutive business days [3] - If compliance is not achieved by the deadline, the company may be eligible for a second 180-calendar day compliance period, provided it meets other listing requirements [4] Company Overview - WF Holding Limited is a Malaysia-based manufacturer of fiberglass reinforced plastic (FRP) products, including tanks, pipes, ducts, and custom-made products [6] - The company is ISO 9001:2015 certified and has over 30 years of experience in designing and fabricating high-quality FRP products [6] - WF Holding also offers a range of related services such as consultation, delivery, installation, repair, and maintenance [6]
Peraso Regains Compliance with Nasdaq Minimum Bid Price Requirement
Accessnewswire· 2025-09-22 12:00
Core Viewpoint - Peraso Inc. has regained compliance with Nasdaq's minimum bid price requirement, indicating a positive development for the company's stock performance [1] Company Summary - Peraso Inc. is a pioneer in mmWave wireless technology solutions [1] - As of September 18, 2025, the company's common stock has closed above the $1.00 minimum bid price requirement for the last 10 consecutive trading days [1]