Nasdaq Warns Lakeside Holdings of Possible Delisting Over Bid Price Rule

Reuters01-10

Nasdaq Warns Lakeside Holdings of Possible Delisting Over Bid Price Rule

Lakeside Holdings Ltd. has received a notice from Nasdaq for failing to meet the minimum bid price requirement of $1.00 per share over the past 30 consecutive business days, as mandated by Nasdaq Listing Rule 5550(a)(2). The company has until July 7, 2026, to regain compliance, potentially through measures such as a reverse stock split. If the company fails to meet the requirement by the deadline, it may qualify for a second 180-day compliance period, provided it meets other listing standards. Continued non-compliance could result in delisting from the Nasdaq Capital Market, though the company would have the option to appeal any delisting determination.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lakeside Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-002910), on January 09, 2026, and is solely responsible for the information contained therein.

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