Neo-Concept (NCI) International announces that it has successfully regained compliance with Nasdaq Listing Rule 5550(a)(2) as of July 1, 2025 – well ahead of the final deadline. This milestone follows a notification from Nasdaq dated July 8, 2024, stating that the Company’s Class A Ordinary Shares had failed to maintain the minimum required bid price of $1.00 per share over a consecutive 30-business-day period, as stipulated by Nasdaq Listing Rule 5550(a)(2). In response, the Company applied for and was granted extension by Nasdaq to regain compliance by July 7, 2025. On July 1, 2025, the Company received official notification from Nasdaq that it had met the minimum bid price requirement and had regained compliance with Listing Rule 5550(a)(2). The matter is now considered closed.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NCI:
- Upcoming Stock Splits This Week (June 16 to June 20) – Stay Invested
- Neo-Concept International Grp Hldngs Ltd trading halted, news pending
- Neo-Concept International Announces Share Consolidation Effective June 16, 2025
- Neo-Concept announces 5-for-1 share cosolidation
- Neo-Concept International Approves Share Consolidation at EGM