Ten-League to appeal Nasdaq staff delisting determination over $1 minimum bid price rule

Reuters03-17
Ten-League to appeal Nasdaq staff delisting determination over $1 minimum bid price rule

Ten-League said on March 16, 2026 that it received a Nasdaq staff determination on March 10, 2026 that its securities are subject to delisting. The determination cited non-compliance with Nasdaq’s minimum bid price requirement of $1 per share after the company did not regain compliance by March 9, 2026. Ten-League said it plans to request a hearing, which would stay any suspension or delisting action while the panel reviews the case. The company said its shares will continue trading under the symbol TLIH pending the panel’s decision. Ten-League also said it will submit a plan to regain compliance as part of the hearing process.

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. Ten-League International Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603161700PRIMZONEFULLFEED9672805) on March 16, 2026, and is solely responsible for the information contained therein.

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