SU GROUP HOLDINGS LIMITED RECEIVES NASDAQ STAFF DELISTING DETERMINATION AND INTENDS TO REQUEST HEARING
SU Group received a delisting determination letter from Nasdaq because its Class A ordinary shares traded below the $1.00 minimum bid price for 30 consecutive business days. To address this, the company intends to request a hearing to stay the suspension and has approved a 1-for-5 share consolidation effective on or about August 6, 2026.
Key figures
- Minimum bid price
- $1.00
- Reverse split ratio
- 1-for-5
- Deficiency period days
- 30
- Prior reverse split ratio
- 1-for-10
AI analysis
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