Treasure Global receives Nasdaq bid price deficiency notice; 180 days to cure

TREASURE GLOBAL INC

Nasdaq notified TGL that its common stock failed to maintain $1.00 minimum bid price for 30 consecutive days through Nov 19, 2024.
Company has 180 calendar days, until May 19, 2025, to regain compliance with Bid Price Rule 5550(a)(2).
To cure, closing bid price must close at $1.00+ for at least 10 consecutive trading days before deadline.
If not cured by May 19, 2025, TGL may be eligible for an additional 180-day period if it meets other listing standards.
Stock continues trading on Nasdaq under TGL; no immediate delisting effect.

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