PTL Limited Granted Extra 180 Days by Nasdaq to Meet $1 Minimum Bid Price

Reuters01-22

PTL Limited Granted Extra 180 Days by Nasdaq to Meet $1 Minimum Bid Price

PTL Limited is facing a potential regulatory issue related to its continued listing on the Nasdaq Stock Market. The company has been granted an additional 180-day grace period, until July 13, 2026, to regain compliance with Nasdaq’s minimum bid price requirement of $1.00 per share. If PTL Limited fails to achieve a closing bid price of at least $1.00 per share for 10 consecutive business days by the deadline, its securities may be delisted from Nasdaq. The company has indicated the possibility of implementing a reverse stock split to address the deficiency and remains compliant with all other Nasdaq listing requirements.

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. PTL Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9630382) on January 22, 2026, and is solely responsible for the information contained therein.

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