Lakeside Holding receives Nasdaq extension to Jan 4, 2027 to meet $1 bid price rule

Lakeside Holding Ltd

Received second notice from Nasdaq granting additional 180-day compliance period until January 4, 2027.
Company failed to maintain minimum bid price of $1.00 per share for 30 consecutive business days as of Jan 6, 2026.
Extension granted based on meeting other listing requirements and written intent to cure via reverse stock split if needed.
If bid price closes at $1.00+ for 10 consecutive business days during extension, Nasdaq will confirm compliance.
No immediate effect on listing; company may appeal if delisting notice received after extension expires.

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