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Galaxy Payroll Group Granted Additional Time by Nasdaq to Regain Compliance

Story Highlights
  • Galaxy Payroll Group received an additional 180-day period from Nasdaq to regain compliance with the minimum bid price requirement.
  • The company plans to address the compliance issue, potentially through a reverse stock split, while maintaining its market position.
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Galaxy Payroll Group Granted Additional Time by Nasdaq to Regain Compliance

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Galaxy Payroll Group Limited ( (GLXG) ) just unveiled an update.

On September 16, 2025, Galaxy Payroll Group Limited announced that it received an additional 180-day period from Nasdaq to regain compliance with the minimum bid price requirement, extending the deadline to March 16, 2026. This extension follows an initial notice in March 2025 when the company’s shares fell below $1.00 for 30 consecutive business days. The company plans to address this issue, potentially through a reverse stock split, and remains committed to meeting all other Nasdaq listing requirements, thereby maintaining its market position and focusing on enhancing shareholder value.

More about Galaxy Payroll Group Limited

Galaxy Payroll Group Limited is a leading payroll outsourcing service provider based in Hong Kong, specializing in delivering HR and payroll solutions to multinational companies across various industries. The company operates in Hong Kong, Taiwan, Macau, and the PRC, offering payroll outsourcing, employment services, and consultancy to businesses of all sizes.

Average Trading Volume: 52,003

Technical Sentiment Signal: Sell

Current Market Cap: $13.36M

See more data about GLXG stock on TipRanks’ Stock Analysis page.

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