Santech Holdings Limited Regains Compliance with NASDAQ Minimum Bid Price Requirement
Santech Holdings (NASDAQ: STEC) has successfully regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2), as confirmed by a notification received from The Nasdaq Stock Market on March 12, 2025. The exchange has officially closed this matter, marking a positive development for the company's continued listing status.
Santech Holdings (NASDAQ: STEC) ha ripristinato con successo la conformità al requisito del prezzo minimo di offerta di NASDAQ ai sensi della Regola di Quotazione 5550(a)(2), come confermato da una notifica ricevuta dal Nasdaq Stock Market il 12 marzo 2025. L'exchange ha ufficialmente chiuso questa questione, segnando uno sviluppo positivo per lo stato di quotazione continuativa dell'azienda.
Santech Holdings (NASDAQ: STEC) ha recuperado con éxito el cumplimiento del requisito de precio mínimo de oferta de NASDAQ bajo la Regla de Listado 5550(a)(2), según lo confirmado por una notificación recibida del Nasdaq Stock Market el 12 de marzo de 2025. La bolsa ha cerrado oficialmente este asunto, marcando un desarrollo positivo para el estado de cotización continua de la empresa.
Santech Holdings (NASDAQ: STEC)는 2025년 3월 12일 나스닥 주식 시장으로부터 받은 통지에 따라 상장 규칙 5550(a)(2)에 따른 나스닥의 최소 입찰 가격 요구 사항을 성공적으로 회복했습니다. 거래소는 이 문제를 공식적으로 종료했으며, 이는 회사의 지속적인 상장 상태에 긍정적인 발전을 의미합니다.
Santech Holdings (NASDAQ: STEC) a réussi à retrouver sa conformité avec l'exigence de prix d'offre minimum de NASDAQ selon la Règle de Cotation 5550(a)(2), comme confirmé par une notification reçue de The Nasdaq Stock Market le 12 mars 2025. L'échange a officiellement clos cette affaire, marquant un développement positif pour le statut de cotation continue de l'entreprise.
Santech Holdings (NASDAQ: STEC) hat erfolgreich die Einhaltung der Mindestgebotsanforderung von NASDAQ gemäß der Listungsregel 5550(a)(2) wiederhergestellt, wie durch eine Mitteilung vom Nasdaq Stock Market am 12. März 2025 bestätigt wurde. Die Börse hat diese Angelegenheit offiziell abgeschlossen, was eine positive Entwicklung für den fortlaufenden Listing-Status des Unternehmens darstellt.
- Regained NASDAQ listing compliance, eliminating immediate delisting risk
- Maintained NASDAQ listing status, ensuring continued access to public markets
- None.
HONG KONG, March 12, 2025 (GLOBE NEWSWIRE) -- Santech Holdings Limited (NASDAQ: STEC) (“Santech” or the “Company”) announced today that it received a notification from The Nasdaq Stock Market LLC (“NASDAQ”) confirming the Company has regained compliance with NASDAQ’s minimum bid price requirement under Listing Rule 5550(a)(2). NASDAQ noted this matter is now closed.
About Santech Holdings Limited
Santech Holdings Limited (NASDAQ: STEC) is a consumer-focused technology company. The Company historically served a large number of high net-worth clients in China in financial services and health management, and accumulated a large customer base. The Company has exited or disposed of its historical businesses in financial services and is actively exploring innovative new opportunities in technology, including but not limited to new retail, social e-commerce and metaverse. For more information, please visit https://ir.santechholdings.com.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “anticipate,” “estimate,” “forecast,” “plan,” “project,” “potential,” “continue,” “ongoing,” “expect,” “aim,” “believe,” “intend,” “may,” “should,” “will,” “is/are likely to,” “could” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
Investor Contact:
Santech Holdings Limited
Email: ir@santechholdings.com
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