SKK Holdings Faces Nasdaq Delisting Deadline for $1 Minimum Bid Violations

SKK Holdings has received a notification from Nasdaq for failing to meet the minimum $1 bid price requirement, as its share price remained below this threshold from late February to early April 2025. The company has until October 13, 2025, to address the deficiency, with the possibility of an additional 180-day extension if certain conditions are met. During this period, SKK Holdings shares will continue to trade under the 'SKK' ticker without immediate delisting. The firm is currently exploring various strategies to regain compliance, including a potential reverse stock split or business initiatives to boost share value. If SKK cannot restore compliance within the allowed timeframes, its shares could be subject to delisting. Investors are advised to closely monitor the company's actions, as the situation presents both risks and opportunities.