As of September 2025, Ten-League International Holdings Ltd. has announced the possibility of implementing a reverse stock split to address a Nasdaq notification regarding a minimum bid price deficiency. This measure is considered to regain compliance with the requirement to maintain a minimum bid price of $1.00 per share, following a deficiency letter received from Nasdaq. The company has until March 9, 2026, to meet the compliance criteria.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ten-League International Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-027205), on September 12, 2025, and is solely responsible for the information contained therein.