PS International Group Ltd. Receives Nasdaq Non-Compliance Notice for Minimum Market Value of Listed Securities Requirement

Rhea-AI Summary

PS International Group (Nasdaq: PSIG) received a Nasdaq Listing Qualifications deficiency letter dated August 12, 2026, stating that the company no longer meets the Nasdaq Capital Market’s US$35 million minimum Market Value of Listed Securities (MVLS) requirement under Rule 5550(b)(2). The letter also confirms PSIG does not meet the alternative continued listing standards for minimum stockholders’ equity of US$2.5 million or minimum annual net income from continuing operations of US$500,000. PSIG has been granted a 180-day compliance period until February 8, 2027 to regain compliance by having MVLS at or above US$35 million for at least ten consecutive trading days. The notice has no immediate suspension or delisting effect, and PSIG shares will continue trading on Nasdaq while management evaluates strategic and capital market options.

Positive

• Shares continue trading on Nasdaq Capital Market with no immediate delisting
• Granted 180-day compliance period ending February 8, 2027

Negative

• Non-compliance with Nasdaq US$35 million MVLS requirement
• Failure to meet Nasdaq alternatives: US$2.5 million equity or US$500,000 net income
• Risk of Nasdaq delisting if compliance not regained by February 8, 2027

Market Context

PSIG’s active F-3 shelf, dated August 4, 2026 and not effective, adds financing context to the listi...

Analysis

PSIG’s active F-3 shelf, dated August 4, 2026 and not effective, adds financing context to the listing notice. The platform classifies short positioning as low; shelf-related dilution remains a documented risk.

Key Figures

MVLS threshold: US$35 million Stockholders’ equity threshold: US$2,500,000 Annual net income threshold: US$500,000 +3 more

6 metrics

MVLS threshold US$35 million Nasdaq Capital Market continued listing requirement

Stockholders’ equity threshold US$2,500,000 Alternative Nasdaq continued listing criterion

Annual net income threshold US$500,000 Alternative Nasdaq continued listing criterion

Compliance period 180 calendar days Ends February 8, 2027

Required closing period 10 consecutive trading days MVLS must close at or above the threshold

Deficiency letter date August 12, 2026 Nasdaq Listing Qualifications Department letter

Key Terms

minimum market value of listed securities, form 6-k

2 terms

minimum market value of listed securities regulatory

"issuers on the Nasdaq Capital Market must maintain a minimum Market Value of Listed Securities"

The minimum market value of listed securities is the smallest total worth that a company’s publicly traded shares must maintain to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings, trading restrictions, or delisting, similar to a minimum balance rule at a bank: if an account drops too low, services are limited or closed, which affects liquidity and the ability to buy or sell shares.

form 6-k regulatory

"A full Form 6-K disclosing this Nasdaq notice has been filed"

A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.

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HONG KONG, Aug. 14, 2026 (GLOBE NEWSWIRE) -- PS International Group Ltd.  (“PSIG” or the “Company”) (Nasdaq: PSIG), a long-established global logistics and supply chain solution provider, today issued this press release to disclose that it received an official deficiency letter dated August 12, 2026 from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”).

Per Nasdaq Listing Rule 5550(b)(2), issuers on the Nasdaq Capital Market must maintain a minimum Market Value of Listed Securities (“MVLS”) of US35 million MVLS threshold during the measurement period.

The Nasdaq letter further confirmed the Company does not satisfy the two alternative continued listing criteria under Rule 5550(b):

1. Rule 5550(b)(1): Minimum stockholders’ equity of US$2,500,000;

2. Rule 5550(b)(3): Minimum annual net income from continuing operations of US$500,000.

Pursuant to Nasdaq Listing Rule 5810(c)(3)(C), the Company is granted a 180-calendar-day compliance period ending February 8, 2027 to cure the MVLS deficiency. To regain full listing compliance within this window, the Company’s MVLS must close at or above US$35,000,000 for a minimum of ten consecutive trading days during the compliance period.

This Nasdaq deficiency notice has no immediate suspension or delisting effect on the Company’s ordinary shares. PSIG’s ordinary shares will continue to trade normally on the Nasdaq Capital Market under ticker symbol “PSIG” while the Company pursues remediation actions.

Should the Company fail to restore the required US$35 million minimum MVLS by the February 8, 2027 deadline, Nasdaq will issue formal delisting notification. The Company reserves the right to submit a formal appeal to the Nasdaq hearings panel if such notice is received. Management will continuously monitor the Company’s daily MVLS and evaluate all viable strategic and capital market options to restore compliance with Nasdaq’s continued listing standards. There is no guarantee the Company will successfully regain or maintain listing compliance throughout the remediation window. A full Form 6-K disclosing this Nasdaq notice has been filed with the U.S. Securities and Exchange Commission (“SEC”).

About PS International Group Ltd.

PSIG is a long-established global logistics and supply chain solution provider specializing in air freight forwarding, ocean freight forwarding and end-to-end supply chain ancillary services, connecting Asian transportation hubs with the United States and over 140 other global markets. The Company operates its core businesses through two Hong Kong-based operating subsidiaries: Profit Sail Int’l Express (H.K.) Limited and Business Great Global Supply Chain Limited. Additional corporate and operational information is available on the Company’s official website: https://www.psi-groups.com/.

Forward-Looking / Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the Company’s plans to regain Nasdaq listing compliance, the likelihood of curing the MVLS deficiency, and future capital market and operational strategies. These statements use identifying terminology such as “intend,” “will,” “plan,” “may,” “anticipate,” “evaluate,” “potential” and similar phrasing.

All forward-looking statements rely on management’s current expectations, forecasts and assumptions, and carry inherent known and unknown risks, uncertainties and external variables that could cause actual outcomes to differ materially from projected results. Key risks include volatile share price performance, fluctuations in the Company’s market capitalization, challenging global logistics market conditions, and unforeseen regulatory or capital market barriers. The Company undertakes no public obligation to update, amend or revise any forward-looking statements to reflect post-release events, new information or changed business circumstances, unless mandatory under applicable U.S. federal securities laws. Investors should carefully review all risk disclosures and operational details contained in the Company’s SEC filings, including its annual Form 20-F and periodic Form 6-K reports.

For more information, please contact:

PS International Group Ltd.
Man Kiu Chan
Chief Financial Officer
Email: joseph.chan@psi-groups.com

FAQ

Why did PS International Group (PSIG) receive a Nasdaq non-compliance notice in August 2026?

PS International Group received the notice because its Market Value of Listed Securities fell below Nasdaq’s US$35 million minimum. According to the company, Nasdaq also determined PSIG does not meet alternative standards for stockholders’ equity or annual net income under Rule 5550(b).

What are the Nasdaq listing requirements PS International Group (PSIG) failed to meet?

PSIG failed to meet Nasdaq’s US$35 million Market Value of Listed Securities requirement. According to the company, it also does not satisfy alternatives: at least US$2.5 million in stockholders’ equity or US$500,000 in annual net income from continuing operations under Rule 5550(b).

How long does PS International Group (PSIG) have to regain Nasdaq compliance after the August 2026 notice?

PSIG has a 180-calendar-day compliance period ending February 8, 2027. According to the company, it must achieve an MVLS of at least US$35 million for a minimum of ten consecutive trading days within this window to regain compliance.

Is PS International Group (PSIG) being delisted from Nasdaq immediately after the non-compliance notice?

No, there is no immediate suspension or delisting. According to PS International Group, its ordinary shares will continue trading on the Nasdaq Capital Market under ticker PSIG while management pursues remediation actions during the 180-day compliance period ending February 8, 2027.

What happens if PS International Group (PSIG) cannot restore a US$35 million MVLS by February 8, 2027?

If PSIG does not meet the US$35 million MVLS requirement by February 8, 2027, Nasdaq will issue a formal delisting notification. According to the company, PSIG may appeal to a Nasdaq hearings panel if such a notice is received.

What steps is PS International Group (PSIG) considering to regain Nasdaq listing compliance?

PSIG plans to monitor its daily Market Value of Listed Securities and evaluate strategic and capital market options. According to the company, management will pursue viable remediation actions, though there is no guarantee it will successfully regain or maintain Nasdaq listing compliance.

Where can investors find the official Nasdaq non-compliance details for PS International Group (PSIG)?

Investors can review a Form 6-K filed with the SEC that discloses the Nasdaq notice. According to PS International Group, additional corporate and operational information is also available on the company’s official website at https://www.psi-groups.com/.