Cross-Border E-Commerce Service Provider Linkage Global Receives Nasdaq Delisting Warning
Cross-border e-commerce service provider Linkage Global has received a compliance warning from Nasdaq due to its stock price being below $1 for 30 consecutive trading days. The company currently has 180 days to regain compliance by increasing its stock price, or it will face delisting risks.
What are the key facts?
- 1Linkage Global (UZX)
- 2Stock price below $1
- 3180-day grace period for compliance
What happened?
Linkage Global Inc. announced that it has received a notification from Nasdaq warning it for failing to meet the minimum bid price requirement, as its stock price has been below $1 for 30 consecutive trading days. The company has a 180-day period to regain compliance, with a deadline to meet the requirements by November 30, 2026. Linkage Global is actively evaluating various options, including a potential reverse stock split, to maintain its listing status and protect shareholder interests.
What does this mean for cross-border sellers?
The capital dynamics of publicly listed cross-border e-commerce companies may affect their business stability; sellers should monitor the financial health of their partners.