DigiAsia Corp. Faces Nasdaq Delisting After Failing to Meet Minimum Bid Price and Reporting Deadlines; Appeals Process Considered

Reuters

08 Jul

<a href="https://laohu8.com/S/FAAS">DigiAsia</a> Corp. Faces Nasdaq Delisting After Failing to Meet Minimum Bid Price and Reporting Deadlines; Appeals Process Considered

DigiAsia Corp., a prominent Fintech as a Service provider, has announced that it received a delisting determination letter from Nasdaq due to its failure to maintain the minimum bid price of $1.00 per share and its delay in filing the Annual Report for the year ended December 31, 2024. Despite the company's efforts to address these issues, it has not regained compliance within the given timeframe. DigiAsia Corp. plans to appeal this determination to a Nasdaq Hearings Panel. If the company does not request an appeal by July 8, 2025, trading of its securities will be suspended on July 10, 2025.

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. Digiasia Corp. 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: 0001437749-25-022299), on July 08, 2025, and is solely responsible for the information contained therein.

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Faces Nasdaq Delisting After Failing to Meet Minimum Bid Price and Reporting Deadlines; Appeals Process Considered","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/FAAS\">DigiAsia</a> Corp. Faces Nasdaq Delisting After Failing to Meet Minimum Bid Price and Reporting Deadlines; Appeals Process Considered\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        DigiAsia Corp., a prominent Fintech as a Service provider, has announced that it received a delisting determination letter from Nasdaq due to its failure to maintain the minimum bid price of $1.00 per share and its delay in filing the Annual Report for the year ended December 31, 2024. 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Faces Nasdaq Delisting After Failing to Meet Minimum Bid Price and Reporting Deadlines; Appeals Process Considered\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\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\">2025-07-08 19:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\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/FAAS\">DigiAsia</a> Corp. Faces Nasdaq Delisting After Failing to Meet Minimum Bid Price and Reporting Deadlines; Appeals Process Considered\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        DigiAsia Corp., a prominent Fintech as a Service provider, has announced that it received a delisting determination letter from Nasdaq due to its failure to maintain the minimum bid price of $1.00 per share and its delay in filing the Annual Report for the year ended December 31, 2024. Despite the company's efforts to address these issues, it has not regained compliance within the given timeframe. DigiAsia Corp. plans to appeal this determination to a Nasdaq Hearings Panel. 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Faces Nasdaq Delisting After Failing to Meet Minimum Bid Price and Reporting Deadlines; Appeals Process Considered. Disclaimer: This news brief was created by Public Technologies  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. Digiasia Corp. 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 , on July 08, 2025, and is solely responsible for the information contained therein.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4227":"交易和支付处理服务","FAAS":"DigiAsia"},"translate_title":"DigiAsia Corp.因未能满足最低收购价和报告截止日期而面临纳斯达克退市；考虑的上诉程序","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FAAS":0.9},"content_text":"DigiAsia Corp. Faces Nasdaq Delisting After Failing to Meet Minimum Bid Price and Reporting Deadlines; Appeals Process Considered\n    \n\n        DigiAsia Corp., a prominent Fintech as a Service provider, has announced that it received a delisting determination letter from Nasdaq due to its failure to maintain the minimum bid price of $1.00 per share and its delay in filing the Annual Report for the year ended December 31, 2024. Despite the company's efforts to address these issues, it has not regained compliance within the given timeframe. DigiAsia Corp. plans to appeal this determination to a Nasdaq Hearings Panel. If the company does not request an appeal by July 8, 2025, trading of its securities will be suspended on July 10, 2025.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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