Oriental Rise Holdings Receives Nasdaq Notification for Minimum Bid-Price Requirement

lunes, 7 de julio de 2025, 3:07 pm ET1 min de lectura
ORIS--

Oriental Rise Holdings, an integrated supplier of tea products in mainland China, received a Nasdaq notification that it is not in compliance with the minimum bid-price requirement due to its shares' closing bid price being below $1.00 per share for 30 consecutive business days. The company has a 180-calendar-day compliance period to regain compliance or may be eligible for an additional 180-calendar-day grace period. Oriental Rise is actively monitoring the bid price and evaluating options to regain compliance.

Oriental Rise Holdings (Nasdaq: ORIS), a leading supplier of tea products in mainland China, has received a notification from Nasdaq regarding non-compliance with the minimum bid-price requirement. The company's shares traded below $1.00 for 30 consecutive business days from May 15 to June 27, 2025, triggering a standard regulatory process [2].

Under Nasdaq Listing Rule 5550(a)(2), Oriental Rise has been granted a 180-day compliance period ending on December 29, 2025. To regain compliance, the company must maintain a closing bid price of at least $1.00 for a minimum of 10 consecutive business days during this period. If Oriental Rise fails to meet this threshold, it may be eligible for an additional 180-day grace period, provided it meets other Nasdaq Capital Market listing requirements and formally notifies Nasdaq of its intention to address the deficiency, potentially through a reverse stock split [2].

The notification does not affect Oriental Rise's current Nasdaq listing status or daily operations. However, it signals underlying market concerns about the company's valuation and may limit institutional investment and overall liquidity. Oriental Rise is actively monitoring the bid price of its ordinary shares and evaluating all available options to regain compliance with Nasdaq’s requirements.

Oriental Rise Holdings Limited is an integrated supplier of tea products in mainland China, with operations covering cultivation, processing, and sales. The company operates tea gardens in Zherong County, Ningde City, Fujian Province. For more information, visit the company's website at [https://ir.mdhtea.cn/](https://ir.mdhtea.cn/) [2].

References:
[1] https://www.stocktitan.net/news/AZI/azi-announces-receipt-of-minimum-bid-price-notice-from-fv080abp79uj.html
[2] https://www.stocktitan.net/news/ORIS/oriental-rise-receives-nasdaq-notification-regarding-minimum-bid-8v1jdqu6arn8.html

Oriental Rise Holdings Receives Nasdaq Notification for Minimum Bid-Price Requirement

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