Maiden Holdings, Ltd. (MHLA): Nasdaq/NYSE listing notice — Maiden Holdings receives Nasdaq bid price deficiency notice; 180-day compliance period

Maiden Holdings, Ltd.

Received Nasdaq letter on April 2, 2025 for bid price below $1.00 for 30 consecutive business days.
Compliance period ends September 29, 2025; needs $1.00 closing bid for 10 consecutive days.
If not compliant by Sept 29, may be eligible for additional 180-day period under Nasdaq rules.
Pending combination with Kestrel Group; upon close, shares expected to be delisted and replaced by Bermuda NewCo shares.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.99

Maiden Holdings, Ltd. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

April 2, 2025, Maiden Holdings, Ltd. (“ Maiden ”) received a letter from the listing qualifications department staff of The Nasdaq Stock Market LLC (“ Nasdaq ”), notifying Maiden that for the last 30 consecutive business days the bid price of Maiden’s common shares, par value $0.01 per share (“ Maiden shares ” and each, a “ Maiden share ”), had closed below $1.00 per share, the minimum closing bid price required by the continued listing requirements of Nasdaq set forth in Listing Rule 5550(a)(2) (the “ Rule ”). Nasdaq’s notice has no immediate effect on the listing of Maiden’s common shares on

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Source: SEC EDGAR

accession 0001412100-25-000029

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