SU Group Holdings Limited has received a Nasdaq staff delisting determination because its Class A ordinary shares closed below $1.00 per share for 30 consecutive business days from June 18 through July 31, 2026. The company intends to timely request a hearing before a Nasdaq Hearings Panel, which will stay the suspension of trading and the filing of a Form 25-NSE pending the panel's decision. SU Group is not eligible for the standard compliance period because it effected a one-for-ten reverse stock split on August 25, 2025. To regain compliance, the company's board and shareholders have approved a further one-for-five share consolidation expected to become effective on or about August 6, 2026. If the closing bid price meets the minimum requirement for the required period after the consolidation, the company may regain compliance and the hearing may not need to proceed.
SU Group Holdings Limited Ordinary SharesReceived Nasdaq delisting notice due to low share price, triggering reverse split to regain compliance.