Neo-Concept International Group Holdings Limited announced that it successfully regained compliance with Nasdaq Listing Rule 5550(a)(2) as of July 1, 2025. This rule requires a minimum bid price of $1.00 per share.
The company received official notification from Nasdaq on July 1, 2025, confirming that it had met the minimum bid price requirement. This resolves the compliance issue that arose from a notification dated July 8, 2024.
NCI had previously been granted an extension until July 7, 2025, to achieve compliance. The company reaffirms its commitment to corporate governance and regulatory compliance, and the matter is now considered closed.
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