RegulatoryJul 16, 2026, 04:38 PM
Ohmyhome Receives Nasdaq Notice for Minimum Bid Price Deficiency
AI Summary
Ohmyhome Ltd. announced it received a notification from Nasdaq on July 13, 2026, indicating non-compliance with the minimum bid price requirement. The company's Class A ordinary shares traded below $1.00 for 30 consecutive business days. Ohmyhome has a compliance period of 180 calendar days, until January 11, 2027, to regain compliance, during which its shares will continue to trade. The company is evaluating options to address the deficiency, including the possibility of a reverse stock split.
Key Highlights
- Received Nasdaq notice on July 13, 2026, for not meeting the $1.00 minimum bid price rule.
- Company's Class A ordinary shares traded below $1.00 for 30 consecutive business days.
- Has 180 calendar days, until January 11, 2027, to regain compliance with the rule.
- Shares will continue to trade on Nasdaq under "OMH" without immediate delisting.
- May be eligible for an additional 180-day grace period if other listing standards are met.
- Company is evaluating options to regain compliance, including a potential reverse stock split.
Price Impact
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