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CLIK Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
CLIKClick Holdings Limited(CLIK) GlobeNewswire·2025-06-02 12:40

Core Viewpoint - Click Holdings Limited has received a notification from Nasdaq indicating that it no longer meets the minimum bid price requirement of 1pershare,basedonitsclosingbidpricefromApril16,2025,toMay29,2025[1][2].CompliancePeriodThecompanyhasbeengranteda180calendardaycomplianceperioduntilNovember26,2025,toregaincompliancewithNasdaqscontinuedlistingrequirement[2].Ifthecompanysstockpricereachesatleast1 per share, based on its closing bid price from April 16, 2025, to May 29, 2025 [1][2]. Compliance Period - The company has been granted a 180-calendar-day compliance period until November 26, 2025, to regain compliance with Nasdaq's continued listing requirement [2]. - If the company's stock price reaches at least 1.00 per share for a minimum of ten consecutive business days during this period, Nasdaq will confirm compliance [2]. Potential for Additional Time - Should the company fail to regain compliance by the deadline, it may be eligible for additional time, provided it meets other listing standards, excluding the bid price requirement [3]. - The company may need to implement a reverse stock split if necessary to cure the deficiency [3]. Company's Response - The company is currently evaluating options to regain compliance and is committed to making reasonable efforts to meet Nasdaq's continued listing requirement [4]. Company Overview - Click Holdings Limited is a fast-growing human resources solutions provider based in Hong Kong, focusing on matching clients' human resources needs through an AI-empowered talent pool [5]. - Key business areas include nursing solutions, logistics solutions, and professional solutions [5].