Nasdaq Warns Singularity Future Technology Over Minimum Bid Price Compliance

Reuters
Nov 25
Nasdaq Warns <a href="https://laohu8.com/S/SGLY">Singularity Future</a> Technology Over Minimum Bid Price Compliance

Singularity Future Technology Ltd. has received a notice from the Nasdaq Stock Market indicating that its common stock has failed to comply with the minimum $1.00 bid price requirement for continued listing on the Nasdaq Capital Market. The company has until May 18, 2026, to regain compliance by ensuring its stock price closes at or above $1.00 for at least ten consecutive business days. If the company fails to meet this requirement within the initial 180-day period, it may be eligible for an additional 180-day extension, provided it meets other listing standards. Failure to regain compliance could result in the company's delisting from Nasdaq, though an appeal process is available.

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