Luda Technology Group Limited Provides Response to Unusual Market Action

Rhea-AI Summary

Luda Technology Group (NYSE: LUD) on November 24, 2025 announced it became aware of unusual trading in its ordinary shares on the NYSE American on November 20–21, 2025. After an internal review and consultation, the company said it is not aware of any material developments in its business or affairs beyond previously disclosed information. The company reminded investors to rely only on its official filings and press releases for developments and issued the notice under Section 401(d) of the NYSE American Company Guide.

Hong Kong, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (the “Company” or “Luda Technology”), (NYSE: LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced today that the Company had become aware of unusual trading activity in its Ordinary Shares on the NYSE American LLC (the "NYSE American") on November 20, 2025 and November 21, 2025. The Company is issuing this press release pursuant to Section 401(d) of the NYSE American Company Guide. Following appropriate internal review and consultation, the Company confirms that it is not aware of any material developments in its business or affairs beyond those previously disclosed publicly. Investors should rely solely on the Company's official filings and press releases for any developments.

About Luda Technology Group Limited

We are a manufacturer and trader of stainless steel and carbon steel flanges and fittings products. Our history began with Luda Development Limited, which was incorporated in Hong Kong in 2004 and is principally engaged in the trading of steel flanges and fittings. In 2005, the Company’s business expanded further upstream when Luda (Taian) Industrial Company Limited was set up to commence the manufacturing of flanges and fittings with self-owned factory in China. We have established an operation history of over 20 years. We are principally engaged in (i) the manufacture and sale of stainless steel and carbon steel flanges and fittings products, and (ii) trading of steel pipes, valves, and other steel tubing products. We are headquartered in Hong Kong with manufacturing base in Taian City, Shandong Province of the PRC. Our sales network comprises customers from China, South America, Australia, Europe, Asia (excluding China) and North America and our customers comprise manufacturers and traders from the chemical, petrochemical, maritime and manufacturing industries. For more information, please visit https://www.ludahk.com/en.

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 Luda Technology Group 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.

For more information, please contact:

Luda Technology Group Limited Investor Relations Contact:

Unit H, 13/F, Kaiser Estate Phase 2,

47-53 Man Yue Street, Hung Hom, Kowloon,

Hong Kong SAR, China

Phone: (+852) 2994 8774

Email: ir@ludahk.com

FAQ

What did Luda Technology (LUD) report on November 24, 2025 about unusual trading?

Luda Technology reported unusual trading in its NYSE American ordinary shares on November 20–21, 2025 and said an internal review found no undisclosed material developments.

Does Luda Technology (LUD) say there are any undisclosed material events after the review?

No; following internal review and consultation, the company confirmed it is not aware of any material developments beyond prior public disclosures.

Why did Luda Technology (LUD) issue the November 24, 2025 notice under Section 401(d)?

The notice was issued to comply with Section 401(d) of the NYSE American Company Guide after the company noticed unusual trading activity in its shares.

How should investors get official updates from Luda Technology (LUD)?

Investors should rely solely on the company’s official filings and press releases for any developments.

Which trading dates were identified as unusual for Luda Technology (LUD)?

The company identified November 20, 2025 and November 21, 2025 as the dates with unusual trading activity.