Linkers Industries Limited Class A ( (LNKS) ) just unveiled an announcement.
Linkers Industries Limited announced on March 13, 2025, that it received a Nasdaq Minimum Bid Price Deficiency Letter on March 10, 2025. The letter indicated that the company failed to meet the Nasdaq Listing Rules’ requirement of maintaining a minimum bid price of $1 per share during the period from January 24, 2025, to March 7, 2025. Nasdaq has granted the company a 180-day compliance period, ending on September 8, 2025, to regain compliance. If necessary, the company may be eligible for an additional 180-day extension if it meets other listing requirements, except for the bid price. Linkers Industries is currently evaluating options to regain compliance, though there is no assurance of success. This development could impact the company’s market presence and investor confidence.
More about Linkers Industries Limited Class A
Linkers Industries Limited is a manufacturer and supplier of wire and cable harnesses, operating primarily in Malaysia. With over 20 years of experience, the company provides customized wire harness solutions for various applications and electric designs. Its clientele mainly consists of global brand name manufacturers and original equipment manufacturers (OEMs) in the home appliances, industrial products, and automotive industries, predominantly located in the Asia Pacific region.
YTD Price Performance: -61.15%
Average Trading Volume: 273,312
See more insights into LNKS stock on TipRanks’ Stock Analysis page.