Uni-Fuels Holdings Ltd

Uni-Fuels Holdings Limited announced it received a notification from Nasdaq on July 27, 2026, stating non-compliance with the minimum bid price requirement. The company's class A ordinary shares traded below $1 for 30 consecutive business days. Uni-Fuels has 180 calendar days, until January 25, 2027, to regain compliance by maintaining a closing bid price of at least $1 for 10 consecutive business days. The company is evaluating options, including a reverse stock split, but there is no assurance of regaining compliance.

Uni-Fuels Holdings Limited announced that its wholly-owned Singapore subsidiary, Uni-Fuels Pte. Ltd., successfully closed the offering of its Commercial Paper Series 005. The offering, which closed on July 17, 2026, raised $3 million in gross proceeds from the issuance of Series 005 tokens. These tokens were subsequently listed on the ADDX Exchange on July 18, 2026.

Uni-Fuels Holdings Limited announced a change in its principal executive office and mailing address. Effective July 2, 2026, the company's new address is 9 Temasek Boulevard, Suntec Tower 2 #19-03, Singapore 038989.

Uni-Fuels Holdings Limited held an Extraordinary General Meeting where shareholders approved several key corporate actions. These include a significant increase in the voting power of Class B ordinary shares from 10 votes to 100 votes per share. Additionally, shareholders authorized an increase in the company's authorized share capital and approved the adoption of an updated memorandum and articles of association to reflect these changes. Most notably, the company received approval to consolidate its shares at a ratio of up to 250:1, which the Board may implement within the next two years.

Uni-Fuels Holdings reported strong unaudited financial results for Q1 2026, with revenue increasing 64% year-over-year to $83.2 million and gross profit up 85% to $1.8 million. Marine fuel volumes also rose 58%. Despite strong operational performance, the company recorded a net loss of $0.38 million, primarily due to corporate communication expenses. Following this performance, Uni-Fuels raised its full-year 2026 revenue guidance to $320-$340 million, up from $310-$330 million.

Uni-Fuels Holdings Ltd. announced an Extraordinary General Meeting (EGM) on June 8, 2026, for shareholders to vote on several key proposals. These include increasing the voting power of Class B ordinary shares from 10 to 100 votes, authorizing a significant increase in the company's share capital, and adopting new articles of association. Additionally, shareholders will consider authorizing the Board to implement a share consolidation (reverse stock split) at a ratio not exceeding 250:1 within a two-year period.

Uni-Fuels Holdings Limited announced strong audited financial results for FY2025, with revenue increasing 70% year-over-year to US$263.9 million. Marine fuel volumes surged 112% to over 535,000 MT, and gross profit rose 47% to US$4.7 million. The company also expanded its global footprint to 156 ports and achieved strategic milestones, including biofuel certifications and establishing new international subsidiaries.