New Century Logistics (BVI) Ltd. has received a notification from Nasdaq regarding a deficiency in meeting the minimum bid price requirement, as the company's ordinary shares have closed below $1.00 per share for 30 consecutive business days. The company has until February 9, 2026, to regain compliance. If compliance is not achieved by this date, the company's shares will be subject to delisting. New Century Logistics is actively monitoring the situation and considering options such as a reverse stock split to address the deficiency.
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