Oriental Rise Holdings Limited has filed an appeal with the Nasdaq Listing and Hearing Review Council after the Nasdaq Hearings Panel denied its request for reconsideration of a delisting decision. The company's 1-for-4 reverse stock split became effective on June 22, 2026, with shares opening at $2.04 and closing at $2.42, well above the $1.00 minimum bid price requirement. Despite this, the Panel denied the reconsideration request on June 25, 2026, following a series of communications in which Nasdaq staff initially stated the suspension was stayed but later corrected that it was not. Trading in the company's ordinary shares was suspended on June 24, 2026, and the shares are now quoted over-the-counter under the symbol ORISF. Oriental Rise has requested expedited review, an interim stay, and reinstatement of trading while the Listing Council considers the appeal, though there is no assurance any relief will be granted.
Oriental Rise Holdings Limited Ordinary SharesNasdaq delisting appeal after reconsideration denied, trading suspended and moved to OTC.