Oriental Rise Faces Nasdaq Delisting Risk Over Low Stock Price
Oriental Rise Faces Nasdaq Delisting Risk Over Low Stock Price

Oriental Rise Faces Nasdaq Delisting Risk Over Low Stock Price

News summary

Oriental Rise Holdings Limited, a Nasdaq-listed integrated supplier of white and black tea products in mainland China, received a notification from Nasdaq on June 30, 2025, for not meeting the minimum bid-price requirement, as its shares traded below $1.00 for 30 consecutive business days. The company has until December 29, 2025, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. Failure to meet this requirement could lead to delisting, though the company’s shares will continue trading uninterrupted during the compliance period. Oriental Rise is actively monitoring its share price and considering options such as a reverse stock split to address the issue. If compliance is not regained within the initial 180-day period, the company may be eligible for an additional 180-day grace period if it meets other listing criteria and notifies Nasdaq of its intentions. The company remains committed to maintaining its Nasdaq listing and evaluating all available options to comply with the listing requirements.

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