Santech Holdings Ltd. has announced that it has regained compliance with Nasdaq Listing Rule 5250(c)(1). The company, listed as STEC on the Nasdaq Stock Market, received a notice from Nasdaq's Listing Qualifications Department confirming the closure of the compliance matter. Previously, in November 2024, Santech was informed of non-compliance due to its failure to file the Form 20-F for the fiscal year ending June 30, 2024. After a review, Nasdaq granted the company an exception, requiring the Form 20-F to be filed by May 14, 2025. Santech successfully submitted the form by May 13, 2025, leading Nasdaq to confirm their compliance.
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