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Springview Holdings Ltd. Class A ( (SPHL) ) has shared an announcement.
Springview Holdings Ltd has been facing challenges in maintaining compliance with Nasdaq’s listing requirements, specifically the rule requiring a minimum bid price of $1.00 per share. On April 25, 2025, the company was notified of its non-compliance and given until October 22, 2025, to rectify the situation. However, as of October 24, 2025, the company failed to meet the requirement, resulting in a Staff Delisting Determination, with trading of its Class A ordinary shares set to be suspended on November 4, 2025. The company plans to appeal this decision to a Nasdaq Hearings Panel, though there is no guarantee of a favorable outcome.
More about Springview Holdings Ltd. Class A
Average Trading Volume: 1,858,183
Technical Sentiment Signal: Sell
Current Market Cap: $13.37M
Find detailed analytics on SPHL stock on TipRanks’ Stock Analysis page.