RegulatoryOct 13, 2026, 06:06 AM
CL Workshop Group Regains Nasdaq Minimum Bid Price Compliance
AI Summary
CL Workshop Group Limited has successfully regained compliance with the Nasdaq minimum bid price requirement of $1.00 per share. The company received formal notification from Nasdaq on September 16, 2026, after its American Depositary Shares (ADSs) maintained a closing bid price of $1.00 or greater for ten consecutive business days from September 1 to September 15, 2026. This resolves the deficiency notice issued on May 8, 2026, when the bid price had fallen below the required threshold for 30 consecutive business days. The matter is now closed.
Key Highlights
- CL Workshop Group Limited received formal notification from Nasdaq on September 16, 2026, confirming regained compliance with the minimum bid price requirement.
- The company had previously received a non-compliance notice on May 8, 2026, due to its bid price falling below $1.00 per ADS for 30 consecutive business days.
- Nasdaq determined that CL Workshop Group's ADS closing bid price was at or above $1.00 for 10 consecutive business days from September 1 to September 15, 2026.
- The prior minimum bid price deficiency matter is now officially closed by Nasdaq.
Price Impact
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