- Highway Holdings received a Nasdaq notice stating its shares failed to meet the USD 1.00 minimum bid price requirement for 30 consecutive business days under Listing Rule 5550(a)(2).
- The company has 180 calendar days, until September 14, 2026, to regain compliance by maintaining a closing bid price of at least USD 1.00 for 10 consecutive business days.
- If compliance is not regained by that deadline, it may qualify for an additional 180-day period if it meets other Nasdaq Capital Market listing standards and submits a plan to cure the deficiency, which could include a reverse stock split.
- Failure to regain compliance during any available period could lead Nasdaq to issue a delisting determination, with an option for the company to appeal to a hearings panel.
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. Highway Holdings Limited published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603260700PR_NEWS_USPR_____CN19992) on March 26, 2026, and is solely responsible for the information contained therein.
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