SU Group Received Nasdaq Notification Regarding Minimum Bid Price Compliance
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SU Group Holdings Limited (SUGP) received a Nasdaq notification that its stock has been trading below the $1 minimum bid price for 30 consecutive business days. The company has 180 days (until September 16, 2025) to regain compliance, with potential options including a reverse stock split.
March 27, 2025 | 8:15 pm
News sentiment analysis
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NEGATIVE IMPACT
Company must raise stock price above $1 by September 16, 2025, or risk further Nasdaq listing complications
Nasdaq notification indicates stock is underperforming, which could trigger investor concern and potential stock price volatility
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
Nasdaq continues to maintain listing standards by issuing compliance notification to SU Group
Routine enforcement of listing rules with minimal direct impact on Nasdaq's stock
CONFIDENCE 70
IMPORTANCE 20
RELEVANCE 30