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Uni-Fuels Holdings Limited Class A Ordinary Shares

Uni-Fuels Holdings Limited is engaged in the marketing, reselling, and brokerage of marine fuel products. It offers very low sulfur fuel, high sulfur fuel, marine gas oils, and bio marine fuel to shipping companies and marine fuel suppliers worldwide, serving vessels such as bulk carriers, tankers, offshore support vessels, container ships, general cargo vessels, tugs and barges, car carriers, cruise liners, yachts, and dredging vessels both in-port and offshore. The company operates in China, Hong Kong, Malaysia, Singapore, South Korea, the United Arab Emirates, Vietnam, Thailand, Indonesia, India, Spain, and internationally. Founded in 2021 and headquartered in Singapore, it is a subsidiary of Garden City Private Capital Limited.

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Uni-Fuels receives Nasdaq minimum bid price deficiency notice

Uni-Fuels Holdings Limited has received a Nasdaq notification that it is not in compliance with the minimum closing bid price requirement of $1 per share. The notice, dated July 27, 2026, follows 30 consecutive business days through July 24, 2026, during which the company's class A ordinary shares closed below $1. The deficiency does not result in immediate delisting and has no current effect on trading. Uni-Fuels has 180 calendar days, until January 25, 2027, to regain compliance by maintaining a closing bid price of at least $1 for a minimum of 10 consecutive business days, and may be eligible for an additional 180-day period if certain conditions are met. The company is evaluating options including a reverse stock split, though there is no assurance it will regain compliance.
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