Big Tree Cloud Holdings Limited Regains Compliance with Nasdaq Minimum Market Value of Publicly Held Shares Requirement
Rhea-AI Summary
Big Tree Cloud Holdings (NASDAQ: DSY) has successfully regained compliance with Nasdaq's minimum market value of publicly held shares (MVPHS) requirement. The company received confirmation from Nasdaq that it has met the listing standard requiring an MVPHS of $15,000,000 for at least 10 consecutive trading days as of July 11, 2025.
This development resolves the non-compliance notice issued on March 13, 2025, ensuring Big Tree Cloud's continued listing on the Nasdaq Global Market. The company, which operates as a capital platform focused on strategic investment in the personal care sector, is now in full compliance with all applicable Nasdaq listing standards.
Positive
- Successfully regained Nasdaq listing compliance
- Maintained MVPHS above $15 million for required period
- Continues listing on Nasdaq Global Market without interruption
Negative
- Previously failed to maintain required MVPHS for listing standards
News Market Reaction 1 Alert
On the day this news was published, DSY gained 5.82%, reflecting a notable positive market reaction. This price movement added approximately $4M to the company's valuation, bringing the market cap to $80M at that time.
Data tracked by StockTitan Argus on the day of publication.
The Company was previously notified by Nasdaq on March 13, 2025, that it was not in compliance with the MVPHS requirement because its ordinary shares had failed to maintain an MVPHS of
About Big Tree Cloud
Founded in 2020, Big Tree Cloud is positioned as an international capital platform focused on industrial integration and strategic investment in
Forward-Looking Statements
This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or Big Tree Cloud's future financial or operating performance. In some cases, you can identify forward looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "going to," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these words or other similar terms or expressions that concern Big Tree Cloud's expectations, strategy, priorities, plans or intentions. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. You should understand that a number of factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements, including the risks discussed in our reports filed or furnished to the Securities and Exchange Commission.. Big Tree Cloud cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Big Tree Cloud does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
Investor Relations Contact
Ting Yan
Phone: +86 15986815865
Email: yanting@bigtreeclouds.com
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SOURCE Big Tree Cloud Holdings Limited