Linkage Global Receives Nasdaq Delisting Warning Due to Low Stock Price
Cross-border e-commerce service provider Linkage Global has received a delisting notice due to its stock price being below the minimum bid requirement for Nasdaq. The company has six months to comply by raising the stock price or taking other capital measures, without affecting normal trading for now.
What are the key facts?
- 1Linkage Global (UZX) stock price below $1 for 30 consecutive trading days
- 2180-day compliance grace period (until November 30, 2026)
- 3Company evaluating compliance restoration options
What happened?
Nasdaq has notified Linkage Global that the company faces delisting risk due to its stock price failing to maintain the minimum standard of $1. The company has received a 180-day grace period to improve its compliance, or it may need to undertake actions such as a reverse stock split to maintain its listing status.
What does this mean for cross-border sellers?
The capital stability of listed cross-border e-commerce companies may impact business investments, and sellers need to monitor the financial health of their partners.