SKK Holdings (SKK) received a notification letter from Nasdaq dated April 14 notifying the company that based on the closing bid price of the company for the period from February 28 to April 11, 2025, the company no longer meets the continued listing requirement of Nasdaq to maintain a minimum bid price of $1 per share. The company has a compliance period of 180 calendar days, or until October 13, to regain compliance with Nasdaq continued listing requirement. In the event that the company does not regain compliance in the compliance period, the company may be eligible for an additional 180 calendar days. However, if it appears that the company will not be able to cure the deficiency, or if the company is otherwise not eligible, Nasdaq will provide notice that the company’s securities will be subject to delisting. The Nasdaq notification letter does not result in the immediate delisting of the company’s ordinary shares, and the shares will continue to trade uninterrupted under the symbol “SKK.”