IMTE Receives Nasdaq Notice Regarding Minimum Bid Requirements
Rhea-AI Summary
Integrated Media Technology (NASDAQ: IMTE) received a Nasdaq notification on December 30, 2025, for failing to meet the $1.00 minimum bid price requirement after the closing bid was below $1.00 for 30 consecutive business days.
The notice has no immediate effect on listing or trading. IMTE has a 180-calendar-day compliance period ending June 29, 2026 to regain compliance by achieving a $1.00 closing bid for 10 consecutive business days. If not cured, the company may seek a second 180-day period but must meet market value and other initial listing standards (except bid price) and may need to effect a reverse stock split no later than ten business days before the second period's end.
Positive
- Nasdaq provided a 180-day compliance period ending June 29, 2026
- Listing and trading have no immediate effect from the notice
Negative
- Closing bid was below $1.00 for 30 consecutive business days
- Potential need for a reverse stock split if compliance is not regained
- Possible delisting risk if the company fails to regain compliance after extensions
News Market Reaction 4 Alerts
On the day this news was published, IMTE declined 2.67%, reflecting a moderate negative market reaction. Argus tracked a trough of -2.5% from its starting point during tracking. Our momentum scanner triggered 4 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $49K from the company's valuation, bringing the market cap to $2M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
IMTE’s -7.07% move and Nasdaq bid-price deficiency contrast with mixed peer action: OST -2.02%, MTEK -5.19%, DAIO -1.58%, SGMA flat, while SELX rose 5.97%, pointing to company-specific pressure rather than a broad electronic components selloff.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 06 | Nasdaq delisting letter | Negative | -7.1% | Additional Nasdaq delisting determination over missing interim financial filings. |
| Oct 31 | Nasdaq delisting letter | Negative | -5.5% | Nasdaq delisting determination for failure to timely file Form 20-F. |
Recent Nasdaq-related regulatory setbacks have coincided with negative price reactions, including moves of -7.07% and -5.46%, suggesting a pattern of selling on listing compliance news.
Over recent months, IMTE has faced mounting listing and reporting challenges. On Oct 31, 2025, it disclosed a Nasdaq delisting determination for failing to timely file its Form 20-F for year ended Dec 31, 2024, which saw shares fall 5.46%. On Jan 6, 2026, it reported an additional delisting determination tied to missing interim filings, with a further 7.07% decline. Today’s minimum bid price deficiency notice adds another Nasdaq compliance issue to this trajectory.
Market Pulse Summary
This announcement details that IMTE’s shares stayed below $1.00 for 30 consecutive business days, triggering a Nasdaq minimum bid price deficiency. The company has 180 days, until June 29, 2026, to post at least 10 straight days with a bid at or above $1.00, with a possible second 180-day window. Prior Nasdaq delisting letters and an ASIC penalty already frame a challenging compliance backdrop. Investors may watch filing timeliness, any reverse stock split plans, and sustained price levels relative to the threshold.
Key Terms
minimum bid price regulatory
reverse stock split financial
Nasdaq Capital Market regulatory
AI-generated analysis. Not financial advice.
The Notification Letter informed the Company that the minimum closing bid price per share for its common stock was below
The Notification Letter has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market.
Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until June 29, 2026 (the "Compliance Period"), to regain compliance with Nasdaq's minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Company's common stock is at least
In the event the Company does not regain compliance by June 29, 2026, the Company may be eligible for an additional 180 calendar day period to regain compliance. 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, including by effecting a reverse stock split, if necessary. If the Company chooses to implement a reverse stock split, it must complete the split no later than ten business days prior to the expiration of the second compliance period.
About Integrated Media Technology Limited ("IMTE")
IMTE is an Australian company engaged in the businesses of the trading in Halal products, the manufacture and sale of nano coated plates for filters, and the manufacturing and sale of electronic glass. For more information, please visit www.imtechltd.com.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding IMTE's expectations, intentions, strategies, and beliefs pertaining to future events or future financial performance. Actual events or results may differ materially from those in the forward-looking statements because of various important factors, including those described in the Company's most recent filings with the SEC. IMTE assumes no obligation to update publicly any such forward-looking statements, whether because of new information, future events or otherwise. For a more complete description of the risks that could cause our actual results to differ from our current expectations, please see the sections entitled but not limited to, "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" in IMTE's annual reports on Form 20-F and interim reports on Form 6-K filed with the SEC, as such factors may be updated from time to time in IMTE's periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov and at www.imtechltd.com.
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SOURCE Integrated Media Technology Limited