Big Tree Cloud Holdings has received confirmation from Nasdaq that it has regained compliance with the minimum market value of publicly held shares requirement. The company's ordinary shares will continue to be listed on the Nasdaq Global Market. Big Tree Cloud previously received a notification from Nasdaq in March 2025 that it was not in compliance with the requirement.
Big Tree Cloud Holdings (NASDAQ: DSY) has successfully regained compliance with Nasdaq's minimum market value of publicly held shares (MVPHS) requirement. The company received confirmation from Nasdaq that it has met the listing standard requiring an MVPHS of $15,000,000 for at least 10 consecutive trading days as of July 11, 2025 [1]. This development resolves the non-compliance notice issued on March 13, 2025, ensuring Big Tree Cloud's continued listing on the Nasdaq Global Market. The company, which operates as a capital platform focused on strategic investment in the personal care sector, is now in full compliance with all applicable Nasdaq listing standards.
The company's successful compliance achievement follows a period of non-compliance that began in March 2025. The non-compliance notice from Nasdaq on March 13, 2025, highlighted that Big Tree Cloud had not met the MVPHS requirement. The company has now demonstrated its ability to meet the necessary criteria, allowing it to maintain its listing on the Nasdaq Global Market.
Big Tree Cloud's compliance with Nasdaq's listing standards is crucial for the company's continued access to capital markets and investor confidence. The successful resolution of this compliance issue eliminates a significant technical barrier to potential institutional investment and future capital raising activities. As a result, the company can now focus on its core business operations and strategic investments in the personal care sector without the distraction of listing compliance challenges.
The company's compliance notification from Nasdaq represents a significant regulatory milestone. By regaining compliance, Big Tree Cloud has avoided the potential negative consequences of delisting from the Nasdaq exchange, including reduced liquidity, diminished investor interest, restricted access to capital markets, and often significant share price deterioration.
References:
[1] https://www.stocktitan.net/news/DSY/big-tree-cloud-holdings-limited-regains-compliance-with-nasdaq-rp8v6glbawga.html
Comments
No comments yet