Aureus Greenway Holdings , Inc. Regains Compliance with Nasdaq Minimum Bid Price Rule
Rhea-AI Summary
Aureus Greenway Holdings (Nasdaq: AGH), a Florida-based operator of daily fee golf country clubs, has successfully regained compliance with Nasdaq's minimum bid price requirement. The company maintained a closing bid price of $1.00 or higher for ten consecutive business days from June 23 to August 5, 2025, meeting Nasdaq Listing Rule 5550(a)(2).
The company's business model focuses on strategically located, approachable golf courses that cater to both local residents and tourists, aiming to capture a broad share of discretionary leisure spending in Florida.
Positive
- Regained Nasdaq listing compliance, removing delisting risk
- Stock price maintained above $1.00 for ten consecutive business days
- Strategic positioning in Florida's golf market targeting both locals and tourists
Negative
- Previous trading below $1.00 indicates recent market weakness
News Market Reaction
On the day this news was published, AGH declined 6.23%, reflecting a notable negative market reaction. Argus tracked a peak move of +4.7% during that session. Argus tracked a trough of -22.8% from its starting point during tracking. Our momentum scanner triggered 30 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $3M from the company's valuation, bringing the market cap to $40M at that time.
Data tracked by StockTitan Argus on the day of publication.
Kissimmee, FL, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Aureus Greenway Holdings Inc. (the “Company”, “Aureus Greenway”, “we”, “us”, “our”) (Nasdaq: AGH), an owner and operator of daily fee golf country clubs in the state of Florida, announced today that on August 6, 2025, the Company received written notice from The Nasdaq Stock Market LLC ("Nasdaq") that for the ten consecutive business days from June 23, 2025, to August 5, 2025, the closing bid price of the Company's common stock has been at
About Aureus Greenway Holdings Inc.
Aureus Greenway Holdings Inc. (Nasdaq: AGH), owns and operates daily fee golf country clubs in the state of Florida that are designed to appeal to a wide-ranging population. The combination of our strategic locations and approachable golf-courses attracts both local and tourist demographics, allowing us to offer a variety of golf experiences while capturing a broad share of discretionary leisure spending. For more information, please visit our website at www.aureusgreenway.com.
Forward-Looking Statements
This press release may contain forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements include predictions, expectations, estimates, and other information that might be considered future events or trends, not relating to historical matters. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. Aureus Greenway’s Annual Report on Form 10-K for the year ended December 31, 2024, and its periodic filings with the SEC provide a detailed discussion of these risks and uncertainties.. Aureus Greenway does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, as required by law.
Contact:
Aureus Greenway Holdings Inc.
aureus@golfkissimmeebay.com
FAQ
Why did Aureus Greenway Holdings (AGH) receive a notice from Nasdaq on August 6, 2025?
What is Aureus Greenway Holdings' (AGH) main business model?
What was the minimum bid price requirement that AGH needed to meet for Nasdaq compliance?
How long did AGH maintain the required stock price to regain Nasdaq compliance?
