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Oriental Rise Faces Nasdaq Compliance Challenge Over Bid Price

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Oriental Rise Faces Nasdaq Compliance Challenge Over Bid Price

Elevate Your Investing Strategy:

Oriental Rise Holdings Ltd. ( (ORIS) ) has shared an update.

On June 30, 2025, Oriental Rise Holdings Limited received a notification from Nasdaq indicating non-compliance with the minimum bid-price requirement as its shares traded below $1.00 for 30 consecutive days. The company has until December 29, 2025, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. While this notification does not immediately affect the company’s Nasdaq listing, failure to comply could lead to delisting. Oriental Rise is considering options like a reverse stock split to address the issue and remains committed to maintaining its Nasdaq listing.

More about Oriental Rise Holdings Ltd.

Oriental Rise Holdings Limited is an integrated supplier of tea products in mainland China, specializing in white and black tea. The company operates vertically integrated business operations, including cultivation, processing, and sales of tea products to wholesale distributors and retail customers. Their tea gardens are located in Zherong County, Ningde City, Fujian Province.

Average Trading Volume: 406,476

Technical Sentiment Signal: Strong Sell

See more insights into ORIS stock on TipRanks’ Stock Analysis page.

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