Energys Group receives Nasdaq notice over sub-$1 bid price rule breach

Reuters

Mar 17

Energys Group receives Nasdaq notice over sub-$1 bid price rule breach

Nasdaq notified Energys Group that it is not compliant with Listing Rule 5550(a)(2) after its ordinary shares’ closing bid price stayed below USD 1 for 30 consecutive business days. The company has 180 calendar days to regain compliance, which requires a closing bid price of at least USD 1 for a minimum of 10 consecutive business days. If Energys Group does not regain compliance within the period, it may be eligible for an additional compliance period and may need to pursue a reverse stock split to cure the deficiency.

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. Energys Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603170700PRIMZONEFULLFEED9673419) on March 17, 2026, and is solely responsible for the information contained therein.

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The company has 180 calendar days to regain compliance, which requires a closing bid price of at least USD 1 for a minimum of 10 consecutive business days. If Energys Group does not regain compliance within the period, it may be eligible for an additional compliance period and may need to pursue a reverse stock split to cure the deficiency.\n      \n\n\nDisclaimer: 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. Energys Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. 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