EDHL Regulation

Everbright Digital Holding Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Published August 29, 2025 at 08:30 PM

(NASDAQ:EDHL) HONG KONG, Aug. 29, 2025 (GLOBE NEWSWIRE) -- Everbright Digital Holding Limited (the “Company” or “Everbright”) (Nasdaq: EDHL), an integrated marketing solutions provider headquartered in Hong Kong, confirmed that on August 25, 2025, it received a written notification (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is no longer in compliance with Nasdaq Listing Rule 5550(a)(2). Nasdaq Listing Rule 5550(a)(2) requires companies on the Nasdaq Capital Market to maintain a minimum bid price of at least $1 per share for continued listing.

Related Questions

What is the expected timeline and likelihood for Everbright Digital Holding to regain compliance with the $1 minimum bid price, and how might this affect short‑term stock liquidity and volatility? How will the Nasdaq bid‑price deficiency notification influence investor sentiment, potential institutional allocations, and the level of short‑interest in EDHL shares? What actions (e.g., share buybacks, secondary offerings, capital‑raising) is the company likely to consider to address the deficiency, and what are the potential impacts on dilution and earnings per share?