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Garden Stage Ltd. ( (GSIW) ) has issued an update.
Garden Stage Ltd. disclosed that on March 5, 2026, Nasdaq granted the company an additional 180-day compliance period, until September 1, 2026, to rectify a continued deficiency in meeting the $1.00 minimum bid price requirement for its Class A shares. The company warned that failure to regain compliance by that date could result in a delisting notice, although it would retain the right to appeal any such determination to a Nasdaq Hearings Panel.
To address the issue, Garden Stage implemented a 200-for-1 share consolidation of its Class A ordinary shares that became effective on March 6, 2026, aiming to lift its share price above the Nasdaq threshold. The reverse split underscores the company’s efforts to preserve its U.S. listing, a status that can be critical for liquidity, investor access and overall market visibility for existing and prospective shareholders.
More about Garden Stage Ltd.
Garden Stage Ltd., a foreign private issuer listed on Nasdaq, has its principal executive office in Hong Kong’s Central district. The company’s Class A ordinary shares trade on the Nasdaq Capital Market, where it must comply with minimum bid price and other listing requirements that govern continued inclusion on the exchange.
Average Trading Volume: 39,145
Technical Sentiment Signal: Sell
Current Market Cap: $46.91M
Find detailed analytics on GSIW stock on TipRanks’ Stock Analysis page.