Linkage Global Receives Nasdaq Delisting Warning After Share Price Falls Below $1
Cross-border e-commerce service provider Linkage Global received a delisting notice after its share price remained below Nasdaq's minimum listing requirement. The company currently has six months to restore compliance by raising its share price or using other capital-market measures, and normal trading is not affected for now.
What are the key facts?
- 1Linkage Global (UZX) traded below $1 for 30 consecutive trading days
- 2Has a 180-day compliance grace period through November 30, 2026
- 3The company is evaluating options to regain compliance
What happened?
Nasdaq notified Linkage Global that the company faces delisting risk because its share price failed to maintain the $1 minimum. The company has been granted a 180-day compliance period; if it cannot improve its share price, it may need to take measures such as a reverse stock split to maintain its listing status.
What does this mean for cross-border sellers?
The financial stability of listed cross-border e-commerce companies may affect their business investment. Sellers should monitor the financial health of their business partners.