Linkage Global Receives Nasdaq Minimum Bid Price Notice
Cross-border e-commerce service provider Linkage Global received a compliance notice from Nasdaq due to its stock price being below $1 for 30 consecutive trading days. The company now has a 180-day window to recover its stock price or take necessary actions (such as a reverse stock split) to regain compliance, or it will face delisting risk.
What are the key facts?
- 1Company received Nasdaq delisting warning notice
- 2Reason: Closing price below $1 for 30 consecutive trading days
- 3Compliance period: 180 calendar days (until November 30, 2026)
What happened?
Linkage Global received a notice from the exchange for failing to meet Nasdaq's minimum bid price requirement of $1 for 30 consecutive trading days. The company has a compliance period of 180 days, and if it cannot meet the requirements by November 30, 2026, it may face delisting. The company is currently assessing all options for regaining compliance.
What does this mean for cross-border sellers?
Stock price volatility of publicly listed cross-border e-commerce companies may impact their capital operations and business stability. Sellers should consider the financial health and capital market performance of potential partners to avoid operational risks.