INNEOVA Holdings Limited (NASDAQ: INEO) received a Nasdaq notification on December 8, 2025 that its closing bid price had fallen below the required $1.00 per share from October 24 to December 5. The public announcement of the deficiency was made on December 11, 2025.
The company has 180 days, until June 8, 2026, to regain compliance. If it fails to meet the $1.00 threshold, Nasdaq may grant an additional 180‑day period provided other listing standards are satisfied; otherwise the shares could be delisted.
The deficiency reflects INNEOVA’s low share price, driven by a diluted earnings‑per‑share of –$0.11 for the last twelve months and a market capitalization of $13.07 million. Even though the company reported a 10.3% increase in first‑half 2025 revenue to $30.8 million, it remains unprofitable, which has weighed on investor confidence and liquidity.
INNEOVA is evaluating options to restore compliance, including a potential reverse stock split. Recent Nasdaq rule changes, however, make it more difficult to use reverse splits to cure bid‑price deficiencies if they also trigger other listing violations.
If the company fails to regain compliance, Nasdaq may delist INEO, sharply reducing liquidity and shareholder value. The event underscores the importance of maintaining bid‑price compliance and highlights the challenges faced by small‑cap companies with limited earnings and market cap.
The company’s management has stated it intends to meet Nasdaq’s continued listing requirements, but it cannot guarantee that compliance will be achieved.
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