Lakeside raises ~$3M via 3M share issuance to regain Nasdaq equity compliance

Lakeside Holding Ltd

Issued 3,000,000 shares of common stock for proceeds of approximately $3 million on June 27, 2025.
Equity increase of ~$3M brings stockholders' equity above Nasdaq's minimum $2.5M requirement.
Previously received Nasdaq deficiency letter (Feb 21, 2025) and extension until June 30, 2025 to comply.
Company believes it now satisfies the Stockholders' Equity Requirement for continued listing on Nasdaq.
Nasdaq to continue monitoring compliance; failure in next periodic report may lead to delisting.

item 8.01

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