---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-002046"
form_type: "8-K"
ticker: "SGLY"
cik: "0001422892"
company_name: "Singularity Future Technology Ltd."
filed_at: "2023-01-10T23:59:59+00:00"
generated_at: "2026-06-20T17:02:17.588512+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Singularity Future Technology receives Nasdaq bid price deficiency notice

## Summary
- Received Nasdaq notice on Jan 5, 2023 for failure to maintain minimum $1 bid price for 30 consecutive business days.
- Has 180 days, until July 5, 2023, to regain compliance by closing at or above $1 for ten consecutive days.
- If not cured by July 5, may be eligible for additional 180-day period if other listing standards are met.
- Company may consider a reverse stock split to cure deficiency.
- No immediate effect on listing; shares continue trading on Nasdaq Capital Market.

## SEC filing metadata
- accession: 0001213900-23-002046
- form_type: 8-K
- ticker: SGLY
- cik: 0001422892
- company_name: Singularity Future Technology Ltd.
- filed_at: 2023-01-10T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1422892/000121390023002046/0001213900-23-002046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1422892/000121390023002046/ea171493-8k_singularity.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-002046
- JSON: https://secwatch.observer/filing/0001213900-23-002046.json
- Plain text: https://secwatch.observer/filing/0001213900-23-002046.txt

## Key facts
- Listing & Compliance Notices
  Singularity Future Technology Ltd. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: January 5, 2023, Singularity Future Technology Ltd. (the “Company”) received a deficiency notice from The Nasdaq Stock Market (“Nasdaq”) informing the Company that its common stock, no par value (the “Common Stock”), fails to comply with the $1 minimum bid price required for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) based upon the closing bid price of the Common Stock for the 30 consecutive business days prior to the date of the notice from Nasdaq. Nasdaq’s notice has no immediate effect on the listing of the Common Stock on The Nasdaq Capital Market.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1422892/000121390023002046/0001213900-23-002046-index.htm

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