OFA Group Receives Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency
OFA Group (NASDAQ: OFAL) received a Nasdaq notification dated December 11, 2025 for noncompliance with the minimum bid price rule after its closing bid fell below $1.00 for 30 consecutive business days (Oct 28–Dec 10, 2025).
Rhea-AI Summary
OFA Group (NASDAQ: OFAL) received a Nasdaq notification dated December 11, 2025 for noncompliance with the minimum bid price rule after its closing bid fell below $1.00 for 30 consecutive business days (Oct 28–Dec 10, 2025). The letter has no immediate effect and trading will continue under ticker OFAL. The company has a 180-calendar-day Compliance Period ending June 9, 2026 to regain compliance by achieving a $1.00 closing bid for 10 consecutive business days. If not cured, OFA may seek an additional 180-day period by meeting market value and other listing standards and notifying Nasdaq, potentially via a reverse stock split. Ordinary shares were redesignated as Class A and began trading as such on Dec 17, 2025.
Positive
- Trading will continue uninterrupted on NASDAQ
- Compliance period extends 180 days until June 9, 2026
- Ordinary shares redesignated and began trading as Class A on Dec 17, 2025
Negative
- Closing bid below $1.00 for 30 consecutive business days (Oct 28–Dec 10, 2025)
- Risk of delisting if compliance not regained by June 9, 2026
- May require a reverse stock split to cure bid-price deficiency
Details
News Market Reaction – OFAL
In the Dec 18 session, OFAL gained 0.75%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Minimum bid price
- $1.00 per share
- Nasdaq Listing Rule 5550(a)(2) requirement for continued listing
- Deficiency period length
- 30 consecutive business days
- Closing bid below $1.00 from Oct 28, 2025 to Dec 10, 2025
- Compliance period
- 180 calendar days
- Initial window to regain bid-price compliance ending June 9, 2026
- Additional grace period
- 180 calendar days
- Potential second compliance period if eligibility criteria are met
- Compliance trading requirement
- 10 consecutive business days
- Bid must be at least $1.00 to regain compliance
- Par value
- $0.001
- Par value of OFA Group ordinary/Class A ordinary shares
- Current price
- $0.63
- Pre-notification close vs. $1.00 Nasdaq minimum bid requirement
- 52-week high vs low
- $9.79 high / $0.5999 low
- Current price is near the 52-week low and far below the high
Historical Context
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Shareholders approved capital structure changes and digital asset initiatives.
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Confirmed Hearth RWA platform on schedule for full deployment.
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Extraordinary general meeting rescheduled and agenda items expanded.
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Announced initial closing of up to $50M PIPE founder-backed financing.
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Board approved share repurchase program of up to $2M.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
minimum bid price requirement regulatory
nasdaq capital market regulatory
reverse stock split financial
par value financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Los Angeles, CA, Dec. 17, 2025 (GLOBE NEWSWIRE) -- OFA Group ("OFA", the "Company", or "we") (NASDAQ: OFAL), today announced that the Company had received a notification letter (the "Notification Letter") dated December 11, 2025 from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's ordinary shares,
This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The Notification Letter has no immediate effect on the listing of the Company's Ordinary Shares, which will continue to trade uninterrupted on Nasdaq under the ticker "OFAL".
Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until June 9, 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 Ordinary Shares is at least
In the event the Company does not regain compliance with the minimum bid price requirement by June 9, 2026, the Company may be eligible for an additional 180 calendar day grace period. 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.
The Company’s Ordinary Shares have been redesignated as Class A ordinary shares and have commenced trading on Nasdaq on December 17, 2025 as Class A ordinary shares under the same symbol “OFAL.”
About OFA Group
OFA Group, through its wholly owned operating subsidiary, Office for Fine Architecture Limited, provides comprehensive architectural services, including design and fit out services for commercial and residential buildings. The Company’s mission is to leverage its expertise in architectural design to maximize the potential of every property, ensuring that its unique attributes are highlighted and enhanced. At the forefront of architectural innovation, the Company is developing proprietary AI technologies that aims to enhance the Company’s architectural design services by integrating cutting-edge artificial intelligence with human expertise. The Company is committed to innovation, efficiency, and scalability at the intersection of architectural excellence and technological advancement.
Safe Harbor Statement
Certain statements made in this release are "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate other future acquisitions; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting our profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic. The forward-looking statements contained in this release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission ("SEC") from time to time. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Such information speaks only as of the date of this release.
Contact
OFA Group
Email: info@ofacorp.com
Website: www.ofacorp.com
FAQ
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