other material
confidence high
sentiment negative
materiality 0.70
Armlogi Holding Corp. (BTOC): Nasdaq/NYSE listing notice — Armlogi receives Nasdaq deficiency notice for bid price below $1; 180-day cure period until May 6, 2026
Armlogi Holding Corp.
- Notice received Nov 7, 2025 for non-compliance with Nasdaq Listing Rule 5450(a)(1) - bid price below $1 for 30 consecutive days.
- Company has until May 6, 2026 to regain compliance by closing at $1.00 or more for 10 consecutive business days.
- Options include transferring to Nasdaq Capital Market or effecting a reverse stock split; $5,000 transfer application fee required.
- Stock continues trading on Nasdaq Global Market under symbol 'BTOC' with no immediate impact.
- Company states it will actively monitor and consider available options but provides no assurance of success.