SU Group Holdings Regains Compliance with Nasdaq Minimum Publicly Held Shares and Minimum Bid Requirements

Rhea-AI Summary

SU Group Holdings (Nasdaq: SUGP), a Hong Kong-based security engineering services company, has successfully regained compliance with Nasdaq's listing requirements. The company met both the minimum bid price requirement and the publicly held shares requirement as confirmed by Nasdaq on October 1, 2025.

As a result, the previously scheduled hearing with the Nasdaq Hearings Panel for October 21, 2025, has been cancelled. SUGP shares will continue trading on Nasdaq without interruption.

Positive

• Company regained compliance with Nasdaq listing requirements
• Avoided potential delisting risk
• Trading will continue uninterrupted on Nasdaq

Negative

• Previous non-compliance with Nasdaq requirements indicates past financial or trading challenges

HONG KONG, Oct. 2, 2025 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company in Hong Kong, today announced that on October 1, 2025, it received notification from The Nasdaq Stock Market LLC ("Nasdaq") confirming the Company has regained compliance with the minimum bid price requirement in Nasdaq Listing Rule 5550(a)(2), and the publicly held shares requirement in Nasdaq Listing Rule 5550(a)(4). Accordingly, the hearing before the Hearings Panel scheduled to take place on October 21, 2025, has been cancelled due to mootness. As this matter is now closed the Company's ordinary shares will continue to trade uninterrupted on Nasdaq under the ticker "SUGP".

About SU Group Holdings Limited

SU Group (Nasdaq: SUGP) is an integrated security-related services company that primarily provides security-related engineering services, security guarding and screening services, and related vocational training services in Hong Kong. Through its subsidiaries, SU Group has been providing turnkey services to the existing infrastructure or planned development of its customers through the design, supply, installation, and maintenance of security systems for over two decades. The security systems that SU Group provides services include threat detection systems, traffic and pedestrian control systems, and extra-low voltage systems in private and public sectors, including commercial properties, public facilities, and residential properties in Hong Kong. For more information visit www.sugroup.com.hk. 

Forward-Looking Statements

The Company makes forward-looking statements in this report within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to expectations or forecasts for future events. These statements may be preceded by, followed by or include the words "may," "might," "will," "will likely result," "should," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "continue," "target" or similar expressions. These forward-looking statements are based on information available to the Company as of the date of this report and involve substantial risks and uncertainties. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to a variety of factors, including the Company's ability to submit a plan to regain compliance satisfactory to Nasdaq and the Panel; the Company's ability to evidence that it has a minimum of 500,000 publicly held shares and a minimum bid price of at least $1 per share; and other risks and uncertainties set forth in our reports filed with the Securities and Exchange Commission. The Company does not undertake any obligation to update forward-looking statements as a result of new information, future events or developments or otherwise.

View original content to download multimedia:https://www.prnewswire.com/news-releases/su-group-holdings-regains-compliance-with-nasdaq-minimum-publicly-held-shares-and-minimum-bid-requirements-302573128.html

SOURCE SU Group Holdings Limited

FAQ

What Nasdaq requirements did SU Group Holdings (SUGP) regain compliance with?

SU Group Holdings regained compliance with two Nasdaq requirements: the minimum bid price requirement (Rule 5550(a)(2)) and the publicly held shares requirement (Rule 5550(a)(4)) as of October 1, 2025.

Will SUGP stock continue trading on Nasdaq?

Yes, SU Group Holdings' ordinary shares will continue trading uninterrupted on Nasdaq under the ticker 'SUGP' as the company has regained compliance with listing requirements.

When was SU Group Holdings scheduled to have a Nasdaq hearing?

SU Group Holdings was scheduled for a hearing with the Nasdaq Hearings Panel on October 21, 2025, but it was cancelled after the company regained compliance.

What is SU Group Holdings' main business?

SU Group Holdings is an integrated security-related engineering services company based in Hong Kong.