Latest news with #NasdaqListingRule5550
Business Insider
2 days ago
- Business
- Business Insider
NaaS gets Nasdaq notification regarding minimum market value deficiency
NaaS (NAAS) Technology, the first U.S.-listed EV charging service company in China, announced that it has received written notification from the Nasdaq Stock Marke dated June 13, 2025, notifying the Company that it is currently not in compliance with the minimum market value of listing securities of $35 million for continued listing of the Company's Class A ordinary shares on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(b)(2). Nasdaq calculates the MVLS based upon the most recent total shares outstanding multiplied by the closing bid price. The MVLS Notice indicated that the Company has 180 days, or until December 10, 2025 to regain compliance with the MLVS Requirement by having its MVLS close at $35 million or more for a minimum of ten consecutive business days. Confident Investing Starts Here:
Business Insider
2 days ago
- Business
- Business Insider
CDT Environmental receives noncompliance letter from Nasdaq
CDT Environmental (CDTG) announced that it received a notification letter, dated June 18 from the Listing Qualifications Department of Nasdaq indicating that the company is no longer in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) as the company's closing bid price per ordinary share, par value $0.0025 per share, was below $1.00 for a period of 30 consecutive business days. The notification letter does not result in the immediate delisting of the company's securities. Confident Investing Starts Here:
Business Insider
2 days ago
- Business
- Business Insider
AGM Group Holdings regains compliance with Nasdaq
AGM Group Holdings (AGMH)announced that the company received a letter from Nasdaq informing the company had evidenced compliance with the bid price requirement under Nasdaq Listing Rule 5550, as required by the Nasdaq Hearings Panel decision dated June 9. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Business Insider
12-06-2025
- Business
- Business Insider
Ondas regains compliance with Nasdaq
Ondas (ONDS) announced it has received a notification letter from Nasdaq confirming that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). To regain compliance with the rule, the company's common stock was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days, which was achieved on June 10. Therefore, Nasdaq considers the prior bid price deficiency matter now closed. Ondas is now in full compliance with all Nasdaq continued listing requirements and will continue to be listed and traded on Nasdaq. Confident Investing Starts Here:
Yahoo
11-06-2025
- Business
- Yahoo
TWG Granted Second Grace Period by Nasdaq for Minimum Bid Price Compliance
Hong Kong, June 11, 2025 (GLOBE NEWSWIRE) -- Top Wealth Group Holding Limited (NASDAQ: TWG) ('Top Wealth' or the 'Company'), announced that it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ('Nasdaq') on June 10, 2025, indicating that the Company is granted an additional 180 calendar days, until December 8, 2025, to regain compliance with the minimum bid price requirement of $1 per share, as stipulated by Nasdaq Listing Rule 5550(a)(2). If compliance cannot be demonstrated by December 8, 2025, Nasdaq staff will provide written notification that the Company's securities will be delisted. At that time, the Company may appeal Nasdaq staff's determination to a Hearings Panel. The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq's continued listing requirement. The Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2). About Top Wealth Group Holding Limited Top Wealth Group Holding Limited is a holding company incorporated in the Cayman Islands, and all of its operations are carried out by its operating subsidiary in Hong Kong, Top Wealth Group (International) Limited. The Company specializes in supplying premium-class sturgeon caviar, and its caviar and caviar products are endorsed with the Convention on International Trade in Endangered Species of Wild Fauna and Flora ('CITES') permits. The Company supplies caviar to its customers under its customer's brand labels (i.e. private labeling), and the Company also sells the caviar product under the Company's caviar brand, 'Imperial Cristal Caviar', which has continuously achieved tremendous sales growth since its launch in the market. Safe Harbor Statement This press release contains forward-looking statements. These statements are made under the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as 'will,' 'expects,' 'anticipates,' 'future,' 'intends,' 'plans,' 'believes,' 'estimates,' 'confident' and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in verbal statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about the Company's beliefs and expectations, are forward-looking statements. Forward looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks is included in the Company's filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of the press release, and the Company undertakes no duty to update such information, except as required under applicable law. For more information, please contact: Top Wealth Group Holding LimitedInvestor RelationsEmail: ir@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
