Cuprina Holdings (Cayman) Limited Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency
Rhea-AI Summary
Cuprina Holdings (Nasdaq: CUPR) received a Nasdaq noncompliance notice dated November 26, 2025 for failing to meet the $1.00 minimum bid under Nasdaq Listing Rule 5550(a)(2).
Cuprina has an initial 180-calendar-day compliance period to regain the $1.00 closing bid for at least ten consecutive business days. If not regained, the company may be eligible for a second 180-day period by meeting market value and other initial listing standards (excluding the bid price) and providing written notice to cure, potentially by effecting a reverse stock split. Shares will continue to trade uninterrupted under the symbol CUPR while the process unfolds. Cuprina is evaluating options to regain compliance but stated there is no assurance it will do so.
Positive
- Nasdaq notice dated Nov 26, 2025
- Initial 180-calendar-day compliance period
- Requirement: $1.00 closing bid for 10 consecutive business days
- Shares continue trading under CUPR
Negative
- Currently noncompliant with Nasdaq $1.00 minimum bid
- Risk of delisting if deficiency is not cured within compliance periods
- May need a reverse stock split to regain compliance
- Company states no assurance it will regain compliance
News Market Reaction
On the day this news was published, CUPR gained 1.47%, reflecting a mild positive market reaction. This price movement added approximately $206K to the company's valuation, bringing the market cap to $14M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
CUPR’s move contrasted with mixed peers: same-industry names showed moves from -4.23% (HBIO) to +13.58% (NXGL). Momentum scanner flagged NXGL at -4.89% with no news, suggesting CUPR’s trading was more company-specific than sector-driven.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 09 | Earnings & outlook | Negative | -6.6% | Weak revenue and net loss with 2026 initiatives outlined. |
| Nov 28 | Listing compliance | Negative | +1.5% | Nasdaq notice for failing to meet $1.00 minimum bid requirement. |
| Nov 18 | Strategic partnership | Positive | -0.0% | Joint venture for novel iodine-based antiseptic wound care products. |
| Oct 27 | Strategic MOU | Positive | +19.1% | MOU to integrate medical waste recycling into a Singapore facility. |
| Oct 06 | Investor presentation | Neutral | -3.6% | Announcement of participation in Skyline Signature Series investor event. |
News and strategic updates have produced mixed reactions; operational partnerships sometimes drew strong buying, while regulatory and earnings items often met selling or muted responses.
Over the last few months, Cuprina reported weak financials, with $18,040 in revenue and a $1,528,121 net loss for the six months ended June 30, 2025, and outlined 2026 growth plans. It formed a joint venture for iodine-based wound care and signed an MOU on medical waste technology. Governance changes included an auditor switch and management turnover. The Nasdaq minimum bid deficiency notice on November 26, 2025 now adds listing-compliance risk to this trajectory.
Market Pulse Summary
This announcement formally documented that Cuprina’s shares fell below Nasdaq’s $1 minimum bid for 30 consecutive business days, triggering a 180-day window to regain compliance, with a possible second 180-day period. It follows recent weak financial results and strategic initiatives, adding listing-compliance risk to the story. Investors may track progress toward the ten-day ≥$1 requirement and any actions, such as a potential reverse stock split, to address the deficiency.
Key Terms
nasdaq listing rules 5550(a)(2) regulatory
minimum bid price financial
nasdaq capital market regulatory
reverse stock split financial
delisting regulatory
AI-generated analysis. Not financial advice.
SINGAPORE, Nov. 28, 2025 (GLOBE NEWSWIRE) -- Cuprina Holdings (Cayman) Limited (Nasdaq: CUPR) (“Cuprina” or “the Company”), a biomedical company developing and marketing products for the chronic wounds, infertility, and cosmeceuticals sectors, today announced it has received a letter of noncompliance from The Nasdaq Stock Market LLC ("Nasdaq"), dated November 26, 2025, notifying the Company that based on Cuprina’s closing bid price for the last 30 consecutive business days, the Company no longer meets the continued listing requirement of Nasdaq, under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of
However, pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days in which to regain compliance. If at any time during this 180-day period the closing bid price of the Company’s security is at least
In the event the Company does not regain compliance, Cuprina may be eligible for additional time. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Cuprina meets these requirements, Nasdaq will inform the Company that it has been granted an additional 180 calendar days. However, if it appears to Nasdaq that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that its securities will be subject to delisting.
The Nasdaq notification letter does not result in the immediate delisting of the Company's ordinary shares, and the shares will continue to trade uninterrupted under the symbol "CUPR."
Cuprina is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement. Although Cuprina will use all reasonable efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will be able to regain compliance with that rule or will otherwise be in compliance with other Nasdaq continued listing requirement.
About Cuprina Holdings (Cayman) Limited
We are a Singapore-based biomedical and biotechnology company that is dedicated to the development and commercialization of innovative products for the management of chronic wounds, as well as operating in the health and beauty sectors. Our expertise in biomedical research allows us to identify and utilize materials derived from natural sources to develop wound care products in the form of medical devices which meet international standards. For more information, please visit https:// www.cuprina.com.
FORWARD-LOOKING STATEMENTS
Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the preliminary prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and Cuprina Holdings (Cayman) Limited specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.
Cuprina Holdings (Cayman) Limited Investor Contact
Investor Relations
c/o Blk 1090 Lower Delta Road #06-08
Singapore 169201
+65 8512 7275
Email: ir@cuprina.com.sg
Investor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: info@skylineccg.com