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An announcement from New Century Logistics (BVI) Ltd. ( (NCEW) ) is now available.
On August 11, 2025, New Century Logistics (BVI) Ltd. received a notification from Nasdaq regarding non-compliance with the Minimum Bid Price Requirement, as its shares had been trading below $1.00 for 30 consecutive business days. The company has until February 9, 2026, to regain compliance, with potential for an extension if certain conditions are met. The company is actively monitoring its share price and considering options such as a reverse stock split to address the issue, although there is no assurance of success.
More about New Century Logistics (BVI) Ltd.
New Century Logistics (BVI) Ltd. operates in the logistics industry, focusing on providing comprehensive logistics solutions. The company is based in Hong Kong and is listed on the Nasdaq Stock Market.
Average Trading Volume: 963,624
Technical Sentiment Signal: Strong Sell
Current Market Cap: $16.77M
Learn more about NCEW stock on TipRanks’ Stock Analysis page.