Core Viewpoint - Mint Incorporation Limited has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement, as the closing bid price of its Class A Ordinary Shares was below $1.00 for 30 consecutive business days [1][2]. Group 1: Compliance Notification - The Notification Letter was issued on December 19, 2025, indicating that the Company is not in compliance with Nasdaq Listing Rule 5550(a)(2) [1]. - The Company has a compliance period of 180 calendar days, until June 17, 2026, to regain compliance by having a closing bid price of at least $1.00 for a minimum of 10 consecutive business days [3]. - If compliance is not regained by the deadline, the Company may be eligible for an additional 180-day grace period, provided it meets other listing requirements [4]. Group 2: Company Operations and Strategy - The operations of Mint Incorporation Limited are not affected by the Notification Letter, and the Company plans to monitor its share price closely [5]. - The Company may consider options such as a reverse stock split to regain compliance with Nasdaq's minimum bid price requirement [5]. - Mint is diversifying into advanced technology sectors through its subsidiary Axonex Intelligence Limited, which focuses on smart facility management solutions using robotics, IoT, and AI [6]. - The Company also provides integrated interior design and fit-out services through its subsidiary Matter International Limited, serving various commercial and residential clients in Hong Kong [6].

Core Insights - Visionstate Corp. has announced a new pilot project in the U.S. with a leading facility management company, focusing on innovation and sustainability [1][2] - The pilot program will initially involve three hospital locations, with potential expansion to 15 facilities, aiming for a broader rollout upon successful completion [2][3] - The partnership is seen as a significant milestone for Visionstate, enhancing its technology's deployment in complex environments like hospitals [3][4] Company Expansion - Visionstate is expanding its presence in the U.S. market and diversifying its customer portfolio across various sectors, including healthcare, logistics, and construction [4][7] - The company has onboarded a new customer for its MIRA inspection platform, starting with 10 locations and the potential for an additional 70 [7] - Visionstate's technology is increasingly being adopted in long-term care facilities to meet evolving cleaning compliance requirements [7] Revenue Model and Strategy - Visionstate operates on a Software-as-a-Service (SaaS) revenue model, focusing on customer acquisition and market expansion to achieve critical mass [5] - The company aims to enhance operational efficiencies, reduce costs, and improve customer satisfaction through its innovative IoT solutions [8] - Visionstate's WANDA™ smart device is being utilized in various public facilities, showcasing the versatility and value of its technology [8]