Cross-Border E-Commerce Services Provider Linkage Global Receives Nasdaq Delisting Warning
Cross-border e-commerce services provider Linkage Global received a Nasdaq compliance warning after its share price remained below $1 for 30 consecutive trading days. The company currently has 180 days to regain compliance by, among other measures, increasing its share price, or it may face delisting.
What are the key facts?
- 1Linkage Global (UZX)
- 2Share price below $1
- 3180-day compliance grace period
What happened?
Linkage Global Inc. announced that it had received a Nasdaq notification warning that it failed to meet the minimum bid-price requirement because its share price remained below $1 for 30 consecutive trading days. The company has 180 days to regain compliance and must meet the requirement no later than November 30, 2026. Linkage Global is actively evaluating various options, including a possible reverse stock split, to maintain its listing and protect shareholder interests.
What does this mean for cross-border sellers?
Volatility in the capital operations of listed cross-border e-commerce companies may affect business stability. Sellers should monitor the financial health of their business partners.