STFS Falls Below Nasdaq Listing Requirement, Given 180-Day Compliance Period.
PorAinvest
martes, 21 de octubre de 2025, 7:04 am ET1 min de lectura
STFS--
The company is currently evaluating options to meet the compliance requirements and has stated its intention to regain compliance. However, it has not provided assurance of success, according to the press release.
Investors should monitor the company's stock price and any corporate actions, such as a reverse stock split, announced before April 6, 2026. Key risks include the company's ability to restore its share price above $1 per share or meet the alternative listing criteria referenced by Nasdaq.
STAR FASHION CULTURE HOLDINGS LIMITED has received a letter from Nasdaq stating that its closing bid price has fallen below the minimum requirement of $1 per share. The company has been given a 180-day compliance period to regain compliance, with the option to extend for an additional 180 days if it meets market value requirements. If the company fails to comply, it may be delisted from Nasdaq, according to a StockTitan press release.
Star Fashion Culture Holdings Limited (NASDAQ: STFS), a content marketing solutions provider, has received a letter from Nasdaq notifying it of a compliance deficiency. The company's closing bid price fell below the minimum requirement of $1 per share, as per Nasdaq Listing Rule 5550(a)(2). Nasdaq has granted the company an initial 180-day compliance period to regain compliance, with a potential for an additional 180 days if it meets market value and other listing standards, excluding the bid price requirement.The company is currently evaluating options to meet the compliance requirements and has stated its intention to regain compliance. However, it has not provided assurance of success, according to the press release.
Investors should monitor the company's stock price and any corporate actions, such as a reverse stock split, announced before April 6, 2026. Key risks include the company's ability to restore its share price above $1 per share or meet the alternative listing criteria referenced by Nasdaq.
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