Alset Inc. Faces Nasdaq Delisting Risk Due to Failure to Meet Minimum Bid Price Requirement

Reuters

05-16

<a href="https://laohu8.com/S/40V.SI">Alset</a> Inc. Faces Nasdaq Delisting Risk Due to Failure to Meet Minimum Bid Price Requirement

Alset Inc. has announced that it received a notification from The Nasdaq Stock Market LLC indicating that the company is not in compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. The company's common stock has had a closing bid price below $1.00 for 30 consecutive trading days, failing to meet Nasdaq's Marketplace Rule 5550(a)(2). Alset Inc. has until November 10, 2025, to regain compliance by achieving a bid price of at least $1.00 per share for a minimum of 10 consecutive business days. The company is considering options to address the deficiency, including a potential reverse stock split, to avoid delisting. If the company cannot meet the requirement by the deadline, it may seek additional time or appeal a delisting decision. The notification does not immediately affect the company's stock listing.

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. Alset Inc. 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: 0001641172-25-010925), on May 15, 2025, and is solely responsible for the information contained therein.

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Faces Nasdaq Delisting Risk Due to Failure to Meet Minimum Bid Price Requirement","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/40V.SI\">Alset</a> Inc. Faces Nasdaq Delisting Risk Due to Failure to Meet Minimum Bid Price Requirement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Alset Inc. has announced that it received a notification from The Nasdaq Stock Market LLC indicating that the company is not in compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. The company's common stock has had a closing bid price below $1.00 for 30 consecutive trading days, failing to meet Nasdaq's Marketplace Rule 5550(a)(2). 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Faces Nasdaq Delisting Risk Due to Failure to Meet Minimum Bid Price Requirement\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-05-16 04:17</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/40V.SI\">Alset</a> Inc. Faces Nasdaq Delisting Risk Due to Failure to Meet Minimum Bid Price Requirement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Alset Inc. has announced that it received a notification from The Nasdaq Stock Market LLC indicating that the company is not in compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. The company's common stock has had a closing bid price below $1.00 for 30 consecutive trading days, failing to meet Nasdaq's Marketplace Rule 5550(a)(2). Alset Inc. has until November 10, 2025, to regain compliance by achieving a bid price of at least $1.00 per share for a minimum of 10 consecutive business days. The company is considering options to address the deficiency, including a potential reverse stock split, to avoid delisting. 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ID: 0001641172-25-010925), on May 15, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250515:nNDL7Q0YML:1","article_id":"2535870477","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535870477","pubTimestamp":1747340272,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Alset Inc. has announced that it received a notification from The Nasdaq Stock Market LLC indicating that the company is not in compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. 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Faces Nasdaq Delisting Risk Due to Failure to Meet Minimum Bid Price Requirement\n    \n\n        Alset Inc. has announced that it received a notification from The Nasdaq Stock Market LLC indicating that the company is not in compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. The company's common stock has had a closing bid price below $1.00 for 30 consecutive trading days, failing to meet Nasdaq's Marketplace Rule 5550(a)(2). Alset Inc. has until November 10, 2025, to regain compliance by achieving a bid price of at least $1.00 per share for a minimum of 10 consecutive business days. The company is considering options to address the deficiency, including a potential reverse stock split, to avoid delisting. If the company cannot meet the requirement by the deadline, it may seek additional time or appeal a delisting decision. 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