---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-105542"
form_type: "8-K"
ticker: "ETS"
cik: "0002053641"
company_name: "Elite Express Holding Inc."
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T00:57:58.852969+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Elite Express receives Nasdaq deficiency notice for bid price below $1.00

## Summary
- Received Nasdaq notice on Oct 31, 2025 for bid price below $1.00 for 30 consecutive days.
- Has 180-day compliance period until April 29, 2026 to regain minimum bid price.
- No immediate effect on listing; shares continue trading under symbol ETS.
- May consider reverse stock split to cure deficiency if needed.
- Failure to cure could lead to delisting of common stock.

## SEC filing metadata
- accession: 0001104659-25-105542
- form_type: 8-K
- ticker: ETS
- cik: 0002053641
- company_name: Elite Express Holding Inc.
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2053641/000110465925105542/0001104659-25-105542-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2053641/000110465925105542/tm2530109d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-105542
- JSON: https://secwatch.observer/filing/0001104659-25-105542.json
- Plain text: https://secwatch.observer/filing/0001104659-25-105542.txt

## Source-grounded claims
- claim_id: eb940e04b4d775cb87e99b15d1224899675d43d4
  claim: Elite Express Holding Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  evidence_excerpt: October 31, 2025, Elite Express Holding Inc. (the “Company”) received a notification letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”). The Notice informed the Company that, for the last 30 consecutive business days, the closing bid price for the Company’s Class A common stock, par value $0.000001 per share (the “Common Stock”), was below $1.00 per share, which is the minimum closing bid price required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). The Notice has no immediate effect on the
  evidence_url: https://www.sec.gov/Archives/edgar/data/2053641/000110465925105542/0001104659-25-105542-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.