---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-001161"
form_type: "8-K"
ticker: "SGLY"
cik: "0001422892"
company_name: "Singularity Future Technology Ltd."
filed_at: "2024-01-04T23:59:59+00:00"
generated_at: "2026-06-07T03:54:00.278629+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Singularity Future Technology receives Nasdaq delisting notice over bid price failure; will appeal

## Summary
- Received Staff determination letter on Jan 3, 2024 for failure to comply with Nasdaq $1 bid price rule (Listing Rule 5550(a)(2)).
- Trading suspension scheduled for Jan 12, 2024 unless an appeal is requested.
- Company intends to appeal the determination to a Hearings Panel, which will stay delisting pending decision.

## SEC filing metadata
- accession: 0001213900-24-001161
- form_type: 8-K
- ticker: SGLY
- cik: 0001422892
- company_name: Singularity Future Technology Ltd.
- filed_at: 2024-01-04T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1422892/000121390024001161/0001213900-24-001161-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1422892/000121390024001161/ea191177-8k_singularity.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-001161
- JSON: https://secwatch.observer/filing/0001213900-24-001161.json
- Plain text: https://secwatch.observer/filing/0001213900-24-001161.txt

## Key facts
- Listing & Compliance Notices
  Singularity Future Technology Ltd. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2)
  source text: January 3, 2024, Singularity Future Technology Ltd. (the “Company”) received a Staff determination letter (the “Letter”) from The Nasdaq Stock Market (“Nasdaq”) notifying the Company of the Staff’s determination to delist the Company’s securities from Nasdaq because of the Company’s failure to regain compliance with the $1 per share bid price requirement required for continued listing on the Nasdaq as set forth in Listing Rule 5550(a)(2) (the “$1 Bid Rule”). Pursuant to the Letter, unless the Company requests an appeal of the Letter, trading of the Company’s common stock will be suspended at t
  evidence_url: https://www.sec.gov/Archives/edgar/data/1422892/000121390024001161/0001213900-24-001161-index.htm

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