Nasdaq Moves to Delist Springview Holdings After Bid Price Noncompliance

Reuters
10/28
Nasdaq Moves to Delist Springview Holdings After Bid Price Noncompliance

Springview Holdings Ltd. is facing delisting from the Nasdaq Stock Market after failing to maintain a minimum bid price of $1.00 per share for 30 consecutive business days. As a result, Nasdaq has issued a staff determination to suspend trading of the company's Class A ordinary shares at the opening of business on November 4, 2025. Springview Holdings Ltd. has announced its intention to appeal this decision to a Nasdaq Hearings Panel, with the hearing request deadline set for October 31, 2025. Hearings are typically scheduled 30-45 days after the request is filed.

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. Springview 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: 0001213900-25-102659), on October 27, 2025, and is solely responsible for the information contained therein.

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