PTL shares surge 55.19% premarket after regaining Nasdaq compliance and reporting improved net income despite revenue decline.

PTL Limited (PTLE) surged 55.19% in premarket trading following a recent announcement that the company has regained compliance with Nasdaq listing rules. The firm previously faced delisting risks due to share price and market cap deficiencies, prompting a $7.14 million public offering in April 2025 to bolster its capital structure. The latest update, reported by TipRanks, confirms that PTL has met Nasdaq’s requirements, likely alleviating investor concerns about delisting and restoring trading confidence. This development aligns with the stock’s sharp premarket rally, as compliance with exchange rules typically enhances liquidity and market access, addressing prior bearish sentiment tied to regulatory uncertainty.