MoneyHero Group Regains Compliance with Nasdaq Minimum Bid Price Requirement
Rhea-AI Summary
MoneyHero (Nasdaq: MNY), a leading personal finance and insurance platform in Greater Southeast Asia, has successfully regained compliance with Nasdaq's minimum bid price requirement. The company received confirmation from Nasdaq's Listing Qualifications Department on July 17, 2025.
The compliance was achieved after MoneyHero's ordinary shares maintained a closing bid price of $1.00 or higher for 10 consecutive business days from July 2-16, 2025, resolving the previous non-compliance notice received on April 7, 2025. This development confirms MoneyHero's continued listing status on the Nasdaq exchange.
Positive
- Successfully regained Nasdaq listing compliance
- Maintained share price above $1.00 for required period
- Resolved listing compliance issue within 3 months of notification
Negative
- Previously faced delisting risk due to share price falling below $1.00
News Market Reaction 5 Alerts
On the day this news was published, MNY gained 11.33%, reflecting a significant positive market reaction. Argus tracked a trough of -7.4% from its starting point during tracking. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $8M to the company's valuation, bringing the market cap to $74M at that time.
Data tracked by StockTitan Argus on the day of publication.
SINGAPORE, July 18, 2025 (GLOBE NEWSWIRE) -- MoneyHero Limited (Nasdaq: MNY) (“MoneyHero” or the “Company”), a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia, today announced that it has received a written notice (the “Compliance Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) dated July 17, 2025, informing the Company that it has regained compliance with the minimum bid price requirement set forth under the Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”).
As previously announced, the Company was notified by Nasdaq on April 7, 2025 that the Company was not in compliance with the Minimum Bid Price Requirement as the closing bid price of the Company’s ordinary shares was below US
According to the Compliance Notice, the Company regained compliance with the Minimum Bid Price Requirement because the closing bid price of the Company’s ordinary shares has been US
About MoneyHero Group
MoneyHero Limited (NASDAQ: MNY) is a leading personal finance aggregation and comparison platform, as well as a digital insurance brokerage provider in Greater Southeast Asia. The Company operates in Singapore, Hong Kong, Taiwan and the Philippines. Its brand portfolio includes B2C platforms MoneyHero, SingSaver, Money101, Moneymax and Seedly, as well as the B2B platform Creatory. The Company also retains an equity stake in Malaysian fintech company, Jirnexu Pte. Ltd., parent company of Jirnexu Sdn. Bhd., the operator of RinggitPlus, Malaysia’s largest operating B2C platform. MoneyHero had over 260 commercial partner relationships as at March 31, 2025, and had approximately 5.7 million Monthly Unique Users across its platform for the three months ended March 31, 2025. The Company’s backers include Peter Thiel—co-founder of PayPal, Palantir Technologies, and the Founders Fund—and Hong Kong businessman, Richard Li, the founder and chairman of Pacific Century Group. To learn more about MoneyHero and how the innovative fintech company is driving APAC’s digital economy, please visit www.MoneyHeroGroup.com.
For inquiries, please contact:
Investor Relations:
MoneyHero IR Team
IR@MoneyHeroGroup.com
FAQ
Has MoneyHero (MNY) regained Nasdaq compliance in 2025?
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