Energys Group Announces Receipt of Determination Letter from Nasdaq Capital Market
Rhea-AI Summary
Energys Group (NASDAQ: ENGS) received a Nasdaq Determination Letter dated December 30, 2025 stating its market value of listed securities (MVLS) was below the required $35.0 million for the past 30 consecutive business days and therefore did not comply with Listing Rule 5550(b)(2). Nasdaq provided a 180-calendar-day compliance period ending June 29, 2026 to regain compliance. If the MVLS closes at $35 million or more for 10 consecutive business days during the period, Nasdaq will confirm compliance. If the company does not regain compliance by June 29, 2026, Nasdaq may issue a delisting notice, which the company may appeal to a hearings panel. The CEO pledged efforts to regain compliance.
Positive
- 180-calendar-day compliance cure period until June 29, 2026
- Path to compliance: MVLS ≥ $35M for 10 consecutive business days
- Right to appeal any Nasdaq delisting determination
Negative
- MVLS below required $35.0M for the past 30 consecutive business days
- Potential Nasdaq delisting if compliance not regained by June 29, 2026
News Market Reaction
On the day this news was published, ENGS declined 0.67%, reflecting a mild negative market reaction. Argus tracked a peak move of +6.3% during that session. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $91K from the company's valuation, bringing the market cap to $13M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
While ENGS was down 3.31% pre-news, peers like ESGL, PESI, ABAT, LNZA, and QRHC showed gains between 0.87% and 9.77%, indicating a stock-specific issue rather than a sector move.
Market Pulse Summary
This announcement details that ENGS fell below Nasdaq’s $35 million market value requirement and now has until June 29, 2026 to regain compliance. Combined with previously reported losses and a going concern warning, the notice underscores both operational and listing risks. Investors may monitor progress toward higher market value, any strategic or operational changes aimed at improving performance, and further regulatory filings that clarify financial stability and listing status.
Key Terms
market value of the company’s listed security financial
listing rule 5550(b)(2) regulatory
delisting regulatory
nasdaq capital market regulatory
AI-generated analysis. Not financial advice.
UNITED KINGDOM, Jan. 08, 2026 (GLOBE NEWSWIRE) -- Energys Group Limited (NASDAQ: ENGS) (“Energys Group” or the “Company”), a vertically integrated energy efficiency and decarbonization solutions provider for the build environment, today announced the receipt of a letter dated December 30, 2025 (the “Determination Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”). The Determination Letter indicated that the minimum market value of the Company’s listed security (the “MVLS”) was below the required MVLS of
In accordance with Listing Rule 5810(c)(3)(C), the Company is provided 180 calendar days, or until June 29, 2026, to regain compliance with the Rule
The Determination Letter stated:
“If at any time during this compliance period, the Company’s MLVS closes at
In the event the Company does not regain compliance with the Rule prior to the expiration of the compliance period, it will receive written notification from Nasdaq that its securities are subject to delisting. In the event that occurs, the Company may appeal the delisting determination to a hearings panel.
“We are cognizant of the value to our shareholders of the listing of our shares on Nasdaq given the liquidity and pricing efficiency that the exchange provides. We pledge our best efforts towards improved performance which we believe will allow us to meet the continued listing standards,” stated Mr. Kevin Cox, the Chief Executive Officer and an Executive Director of the Company.
About Energys Group
Founded in 1998 as an energy conservation consultancy, Energys Group Limited (NASDAQ: ENGS) (“Energys Group” or the “Company”) has since transitioned into a vertically integrated energy efficiency and decarbonization solutions provider for the built environment. Serving organizations from both the private and public sectors, including schools, universities, hospitals and offices, primarily in the UK, the Company’s vision is to deliver innovative solutions that reduce carbon emissions, lower costs and support Net Zero agenda – alongside improving the wellbeing of building users within the built environment.
Forward-Looking Statements
All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC.
For more information, please contact:
DLK Advisory
Phone: +852-2857-7101
Email: ir@dlkadvisory.com