---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-012730"
form_type: "8-K"
ticker: "FGI"
cik: "0001864943"
company_name: "FGI Industries Ltd."
filed_at: "2024-09-11T23:59:59+00:00"
generated_at: "2026-05-31T05:29:24.428371+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FGI Industries receives Nasdaq bid-price deficiency notice; 180 days to regain compliance

## Summary
- Nasdaq notified FGI on Sept 6, 2024 that bid price was below $1.00 for 30 consecutive business days.
- Company has until March 5, 2025 to regain compliance under Rule 5550(a)(2).
- Compliance requires closing bid ≥$1.00 for at least 10 consecutive business days.
- If not cured, FGI may qualify for an additional 180-day period if it meets other listing standards.
- Failure to cure could lead to delisting; company may appeal any delisting determination.

## SEC filing metadata
- accession: 0001558370-24-012730
- form_type: 8-K
- ticker: FGI
- cik: 0001864943
- company_name: FGI Industries Ltd.
- filed_at: 2024-09-11T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1864943/000155837024012730/0001558370-24-012730-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1864943/000155837024012730/fgi-20240906x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-012730
- JSON: https://secwatch.observer/filing/0001558370-24-012730.json
- Plain text: https://secwatch.observer/filing/0001558370-24-012730.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.