Semilux International Ltd. (NASDAQ: SELX) rose 10.31% in after-hours trading following its announcement that it received a Nasdaq notification regarding a minimum bid price deficiency. The company disclosed it has 180 calendar days until May 11, 2026, to regain compliance with Nasdaq’s $1.00 bid price rule by maintaining a closing bid of $1.00 for 10 consecutive business days. While the notification itself is typically bearish, the market may have interpreted the company’s stated intention to consider a reverse stock split—a common remedy for bid price deficiencies—as a proactive step to resolve the issue. Investors likely viewed the transparency and potential for a swift corrective action as positive catalysts, driving the after-hours surge.
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