FGI Industries Ltd. (FGI): Nasdaq/NYSE listing notice — FGI Industries granted 180-day Nasdaq extension to cure bid price deficiency through Sep 1, 2025

FGI Industries Ltd.

Received Nasdaq notice of extension to September 1, 2025 to regain compliance with $1.00 minimum bid price.
Original deficiency notice on Sept 6, 2024; stock had closing bid below $1.00 for 30 consecutive days.
Must maintain closing bid at or above $1.00 for at least 10 consecutive business days during extension.
Company intends to cure deficiency by effecting a reverse stock split if necessary.
Failure to regain compliance may result in delisting, with right to appeal.

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 0.9

FGI Industries Ltd. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: extension granted
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

er 6, 2024 that the closing bid price for our common stock had been below $1.00 per share for the previous 30 consecutive business days, and that we were therefore not in compliance with the minimum bid price requirement for continued inclusion on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (“Rule 5550(a)(2)”). Pursuant to the original notice, the Company had a 180-day period in which to regain compliance. Neither the original notice nor the extension has any immediate effect on the listing or trading of our common stock on The Nasdaq Capital Market. We remain subject to the

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Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

FGI Industries 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

September 6, 2024 that the closing bid price for our common stock had been below $1.00 per share for the previous 30 consecutive business days, and that we were therefore not in compliance with the minimum bid price requirement for continued inclusion on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2) (“Rule 5550(a)(2)”). Pursuant to the original notice, the Company had a 180-day period in which to regain compliance. Neither the original notice nor the extension has any immediate effect on the listing or trading of our common stock on The Nasdaq Capital Market. We remain subject

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FGI Industries Ltd. filing history →

Source: SEC EDGAR

accession 0001628280-25-012036

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