PS International Group Ltd. (PSIG) Form 6-K — Aug 14, 2026
PS International Group Ltd. (Nasdaq: PSIG) received a deficiency letter dated August 12, 2026 from Nasdaq's Listing Qualifications Department because its market value of listed securities fell below the US$35 million minimum required for continued listing on the Nasdaq Capital Market under Listing Rule 5550(b)(2) during the 30-business-day period ended August 11, 2026. The letter also confirmed the company fails all alternative continued listing standards: minimum stockholders' equity of US$2,500,000 under Rule 5550(b)(1) and minimum net income from continuing operations of US$500,000 under Rule 5550(b)(3).
Key figures
- Cure requirement
- MVLS must close at or above US$35,000,000 for a minimum of 10 consecutive business days
- Compliance deadline
- February 8, 2027
- Compliance period days
- 180
- Minimum mvls requirement usd
- 35000000
- Deficiency measurement period
- June 30, 2026 through August 11, 2026 (30 consecutive business days)
- Alternative net income requirement usd
- 500000
- Alternative stockholders equity requirement usd
- 2500000
AI analysis
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