RegulatoryJun 10, 2026, 10:46 AM
INNEOVA Holdings Gets 180-Day Nasdaq Extension for Bid Price Compliance
AI Summary
INNEOVA Holdings Limited announced it received an additional 180-day extension from Nasdaq, until December 7, 2026, to regain compliance with the minimum $1 bid price requirement. The company was initially notified of non-compliance on December 8, 2025, based on its closing bid price from October 24, 2025, to December 5, 2025. Shares will continue to trade uninterrupted under the symbol "INEO" during this extension. INNEOVA is evaluating options and intends to timely regain compliance, though there is no assurance of success.
Key Highlights
- INNEOVA Holdings received an additional 180-day extension from Nasdaq.
- The new deadline to regain compliance with the minimum bid price is December 7, 2026.
- The company initially received a non-compliance notification on December 8, 2025.
- Non-compliance was due to not maintaining a minimum $1 bid price per share.
- Shares will continue to trade uninterrupted under "INEO" during the extension period.
Price Impact
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