Oriental Rise Holdings Ltd. Receives Nasdaq Notification for Non-Compliance with Minimum Bid-Price Requirement

Reuters
Jul 08
<a href="https://laohu8.com/S/ORIS">Oriental Rise</a> Holdings Ltd. Receives Nasdaq Notification for Non-Compliance with Minimum Bid-Price Requirement

Oriental Rise Holdings Ltd. (Nasdaq: ORIS), a supplier of white- and black-tea products in China, disclosed it has received a notification from Nasdaq regarding non-compliance with the minimum bid-price requirement. The company's ordinary shares have been trading below the $1.00 per share threshold for 30 consecutive business days, leading to this notification. Oriental Rise has until December 29, 2025, to regain compliance by ensuring its share price closes at or above $1.00 for at least 10 consecutive business days. The company is exploring options to address this issue, including the possibility of a reverse stock split, and is committed to maintaining its Nasdaq 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. Oriental Rise Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9490323-en) on July 07, 2025, and is solely responsible for the information contained therein.

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