Core Points - Ten-League International Holdings Limited received a deficiency letter from Nasdaq due to its ordinary shares not meeting the minimum bid price requirement of $1.00 per share over a 30-day period [1][2] - The company has a compliance period of 180 calendar days, until March 9, 2026, to regain compliance by achieving a closing bid price of $1.00 for at least 10 consecutive business days [2][3] - If compliance is not regained within the initial period, the company may be eligible for an additional 180-day compliance period under certain conditions [3][4] Company Overview - Ten-League International Holdings Limited is based in Singapore and provides turnkey project solutions, primarily in heavy equipment sales, rental, and engineering consultancy services for various industries [6] - The company's equipment is categorized into four types: foundation equipment, hoist equipment, excavation equipment, and port machinery [6] - The mission of the company is to deliver high-quality equipment and engineering solutions while continuously adapting to new technologies [6]

SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) -- Ten-League International Holdings Limited (the “Company” or “Ten-League”), a Singapore-based provider of turnkey project solutions, today announced the pricing of its initial public offering (the “Offering”) of 2,240,000 ordinary shares, 1,607,840 of which are being offered by the Company and 632,160 by selling shareholders, at a public offering price of US$4.00 per ordinary share. The ordinary shares have been approved for listing on the Nasdaq Capital Market an ...