RegulatoryJun 25, 2026, 08:07 AM
WF International Regains Nasdaq Minimum Bid Price Compliance
AI Summary
WF International Limited announced it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which mandates a minimum bid price of $1.00 per share. The company had previously received a non-compliance notification on December 24, 2025. Nasdaq confirmed on June 23, 2026, that WF International's ordinary shares maintained a closing bid price of $1.00 or greater for 10 consecutive business days, from June 8 to June 22, 2026, thereby resolving the deficiency.
Key Highlights
- WF International Limited regained compliance with Nasdaq Listing Rule 5550(a)(2).
- The rule requires listed securities to maintain a minimum bid price of $1.00 per share.
- Company was notified of non-compliance on December 24, 2025, for bid price below $1.00.
- Compliance was achieved by maintaining a closing bid price of $1.00 or greater for 10 consecutive business days.
- The compliance period was from June 8, 2026, to June 22, 2026.
- Nasdaq formally notified the company of regained compliance on June 23, 2026.
Price Impact
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