Oriental Rise Holdings Limited announced on July 7, 2025, that it received a notification from The Nasdaq Stock Market LLC regarding non-compliance with the minimum bid-price requirement. The company's ordinary shares traded below US$1.00 per share for 30 consecutive business days, from May 15, 2025, to June 27, 2025.
This notification indicates a deficiency under Nasdaq Listing Rule 5550(a)(2). The company has a 180-calendar-day compliance period, which ends on December 29, 2025, to regain compliance with the rule.
During this period, Oriental Rise must ensure its ordinary shares maintain a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days. The company is actively evaluating all available options to address this compliance issue and maintain its Nasdaq listing.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.