Click Holdings Ltd. $(CLIK)$ has announced that it received a notification from Nasdaq regarding its failure to meet the minimum bid price requirement of $1 per share, as stipulated under Nasdaq Listing Rules 5550(a)(2). The deficiency was determined based on the company's closing bid price from April 16 to May 29, 2025. While this notification does not immediately affect the listing of Click's ordinary shares, the company has been granted a 180-day compliance period, ending on November 26, 2025, to rectify the issue. Click Holdings is currently exploring options to regain compliance, which may include measures like a reverse stock split, to ensure adherence to Nasdaq's continued listing requirements. If compliance is not achieved within the specified period, the company may be eligible for additional time, provided it meets other listing criteria, but may ultimately face delisting if unable to resolve the deficiency.
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