Star Fashion Culture Holdings Receives Nasdaq Notice for Minimum Bid Price Deficiency
Reuters
Oct 08
Star Fashion Culture Holdings Receives Nasdaq Notice for Minimum Bid Price Deficiency
**Star Fashion Culture Holdings Ltd. Receives Nasdaq Minimum Bid Price Deficiency Notice** Star Fashion Culture Holdings Ltd. announced that it has received a notice from the Nasdaq Stock Market stating that the company is not in compliance with the minimum bid price requirement of $1 per share, as outlined in Nasdaq Listing Rule 5550(a)(2). The deficiency is based on the company's closing bid prices between August 20, 2025, and October 3, 2025. Star Fashion Culture has 180 calendar days, until April 6, 2026, to regain compliance. The company is currently evaluating options to address the issue and intends to take necessary steps to meet Nasdaq's requirements. Failure to regain compliance could result in the company's securities being delisted from Nasdaq.
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