Creative Global Technology Holdings Receives Nasdaq Minimum Bid Price Deficiency Notice

Regulation
โดย GlobeNewswire·Read original
Summary · why it matters

Creative Global Technology Holdings Limited has received a Nasdaq notification letter regarding non-compliance with the minimum bid price requirement. The company's ordinary shares closed below $1.00 per share for 30 consecutive business days from May 13, 2026 to June 25, 2026. The notification has no immediate effect on the listing, and the shares will continue to trade on Nasdaq under the ticker CGTL. The company has until December 23, 2026 to regain compliance by maintaining a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. If compliance is not achieved by that date, the company may be eligible for an additional grace period, subject to meeting other listing standards and potentially effecting a reverse stock split.

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