Core Viewpoint - Raytech Holding Limited has announced a 16-for-1 share consolidation to comply with Nasdaq's minimum bid price requirement, effective November 7, 2025 [1][2]. Group 1: Share Consolidation Details - The share consolidation will convert every 16 ordinary shares into one ordinary share, affecting all shareholders uniformly without altering their percentage ownership, except for minor changes due to fractional shares [3]. - No fractional shares will be issued; shareholders will receive one full share instead of any fractional share resulting from the consolidation [4]. - The authorized share capital will decrease from 8 billion ordinary shares to 500 million ordinary shares, and the total issued and outstanding shares will reduce from approximately 43.6 million to about 2.7 million [5]. Group 2: Company Overview - Raytech Holding Limited is based in Hong Kong and specializes in the design, sourcing, and wholesale of personal care electrical appliances for international brand owners, with over 10 years of industry experience [6].

Core Points - Raytech Holding Limited has received a notification from Nasdaq indicating that it no longer meets the minimum bid price requirement of $1 per share for continued listing [1][2] - The company has been granted a compliance period of 180 calendar days, until April 13, 2026, to regain compliance with Nasdaq's listing requirements [2] - If compliance is not achieved within this period, the company may be eligible for an additional 180 days under certain conditions, including the possibility of a reverse stock split [2][3] - The company is actively evaluating options to regain compliance and intends to make reasonable efforts to meet Nasdaq's requirements [3] Company Overview - Raytech Holding Limited is based in Hong Kong and specializes in the design, sourcing, and wholesale of personal care electrical appliances for international brand owners [4] - The company has over 10 years of experience in the personal care electrical appliance industry, offering a diverse range of products including hair styling tools, trimmers, eyelash curlers, and other body and facial care appliances [4]