Core Points - iOThree Limited has announced a one-for-ten reverse share split of its ordinary shares, class A shares, and preferred shares, effective November 10, 2025 [1][2] - The reverse share split aims to increase the per share trading price to meet the $1.00 minimum bid price requirement for continued listing on NASDAQ [3] Company Overview - iOThree Limited is a leading provider of maritime digital technologies, offering solutions to optimize vessel operations, enhance safety, and improve efficiency [4]

Core Points - iOThree Limited has received a notification from Nasdaq indicating non-compliance with the $1.00 closing bid price requirement for 30 consecutive business days from April 21, 2025, to June 2, 2025 [1][2] - The company has been granted a 180-calendar day compliance period until December 1, 2025, 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 December 1, 2025, the company may be eligible for a second 180-calendar day compliance period, provided it meets other listing requirements [4] - The company intends to monitor its closing bid price and may consider options to regain compliance within the specified period [5] Company Overview - iOThree Limited is a leading provider of maritime digital technologies, focusing on optimizing vessel operations, enhancing safety, and improving overall efficiency [6]