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

Insights

Securities Compliance Specialist

Aureus Greenway avoids Nasdaq delisting by meeting the $1.00 minimum bid requirement, removing a significant regulatory risk.

The announcement that Aureus Greenway Holdings has regained compliance with Nasdaq's minimum bid price requirement represents a crucial regulatory milestone. The company's stock maintained a closing bid price of at least $1.00 for ten consecutive business days (June 23 - August 5, 2025), satisfying Nasdaq Listing Rule 5550(a)(2).

This compliance achievement removes an existential threat to the company's Nasdaq listing status. When companies fail to maintain the minimum bid price requirement, they typically receive a deficiency notice giving them 180 calendar days to regain compliance. Failure to do so can lead to delisting proceedings, which would force the stock to trade on less prestigious over-the-counter markets, severely limiting liquidity, institutional investment, and access to capital.

For Aureus Greenway, a golf country club operator in Florida, maintaining its Nasdaq listing is particularly important as it provides credibility and visibility to potential investors and customers. The company's successful return to compliance suggests either a natural price appreciation based on improved business prospects or potentially strategic actions taken by management to boost the share price (such as a reverse stock split, though this isn't specified in the release).

This development eliminates a significant overhang on the stock that likely restricted investor interest while the compliance issue was outstanding. With this regulatory hurdle cleared, the focus can return to the company's operational performance in Florida's competitive golf market.

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 $1.00 per share or greater. Accordingly, Aureus Greenway has regained compliance with Nasdaq Listing Rule 5550(a)(2).

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?

AGH received notice that it regained compliance with Nasdaq's minimum bid price requirement by maintaining a closing bid price of $1.00 or higher for ten consecutive business days from June 23 to August 5, 2025.

What is Aureus Greenway Holdings' (AGH) main business model?

AGH owns and operates daily fee golf country clubs in Florida, targeting both local and tourist demographics with strategically located, approachable golf courses.

What was the minimum bid price requirement that AGH needed to meet for Nasdaq compliance?

AGH needed to maintain a closing bid price of $1.00 or higher for at least ten consecutive business days to comply with Nasdaq Listing Rule 5550(a)(2).

How long did AGH maintain the required stock price to regain Nasdaq compliance?

AGH maintained the required stock price of $1.00 or higher for ten consecutive business days, from June 23, 2025, to August 5, 2025.