Everbright Digital Holding Ltd. Faces Potential Delisting from Nasdaq Due to Minimum Bid Price Deficiency; Granted 180 Days to Regain Compliance
Everbright Digital Holding Ltd., an integrated marketing solutions provider headquartered in Hong Kong, has received notification from Nasdaq regarding a minimum bid price deficiency. The company has been informed that its common stock has traded below the required minimum bid price of $1.00 per share for the last 30 consecutive business days. As a result, Everbright Digital has been granted a compliance period until February 23, 2026, to regain compliance. During this period, the company intends to meet the minimum bid price requirement for ten consecutive business days. If it fails to do so by the deadline, Everbright may be eligible for an additional 180-day period to address the deficiency, potentially through measures like a reverse stock split.
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