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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.