Raytech Holding Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
Raytech Holding (NASDAQ: RAY) received a Nasdaq notice on October 14, 2025 that its 30-day closing bid has fallen below the $1 minimum bid requirement under Nasdaq Rule 5550(a)(2). The notice does not affect current listing or trading and provides an initial 180-calendar-day compliance period ending April 13, 2026 to regain the minimum bid threshold.
If the company meets market-value and other initial listing standards (except bid price), it may request an additional 180-day extension while pursuing a cure, including a possible reverse stock split. The company is evaluating options and intends to seek timely compliance but disclosed there is no assurance it will succeed.
Raytech Holding (NASDAQ: RAY) ha ricevuto una comunicazione da Nasdaq il 14 ottobre 2025 secondo cui il prezzo di chiusura a 30 giorni è sceso al di sotto del minimo offerta di $1 ai sensi della Nasdaq Rule 5550(a)(2). La comunicazione non influisce sull'attuale quotazione o sul trading e rappresenta un iniziale periodo di conformità di 180 giorni che termina il 13 aprile 2026 per recuperare la soglia minima di offerta.
Se la società soddisfa i criteri di valore di mercato e gli altri standard di quotazione iniziale (ad eccezione del prezzo di offerta), può richiedere un'ulteriore estensione di 180 giorni mentre procede alla rettifica, inclusa una possibile reverse split. La società sta valutando opzioni e intende conformarsi tempestivamente ma ha dichiarato che non c'è alcuna garanzia di successo.
Raytech Holding (NASDAQ: RAY) recibió un aviso de Nasdaq el 14 de octubre de 2025 de que su cotización de cierre a 30 días ha caído por debajo del requisito mínimo de oferta de $1 según la Regla 5550(a)(2) de Nasdaq. El aviso no afecta la cotización o el trading actual y concede un período inicial de cumplimiento de 180 días que vence el 13 de abril de 2026 para recuperar el umbral de oferta mínimo.
Si la empresa cumple con los criterios de valor de mercado y otros criterios de cotización inicial (excepto el precio de oferta), puede solicitar una extensión adicional de 180 días mientras persigue una solución, incluida una posible división inversa de acciones. La empresa está evaluando opciones y tiene la intención de cumplir a tiempo, pero informó que no hay garantía de éxito.
Raytech Holding (NASDAQ: RAY)는 2025년 10월 14일 나스닥으로부터 30일 종가가 나스닥 규칙 5550(a)(2)에 따라 $1의 최소 매수가 요건 미달 통지를 받았습니다. 이 통지는 현재 상장이나 거래에 영향을 미치지 않으며 최소 매수가 임계치를 회복하기 위한 180일의 초기 준수 기간을 2026년 4월 13일에 종료합니다.
회사가 시가총액 및 초기 상장 요건의 다른 기준(매수가격 제외)을 충족하면, 해결책을 모색하는 동안 추가로 180일의 연장을 요청할 수 있으며, 역주식분할을 포함할 수 있습니다. 회사는 옵션을 평가하고 시기적절한 준수를 목표로 하고 있지만 성공한다는 보장은 없다고 밝혔습니다.
Raytech Holding (NASDAQ: RAY) a reçu un avis de Nasdaq le 14 octobre 2025 indiquant que son cours de clôture sur 30 jours est tombé en dessous du seuil d'offre minimum de 1 $ conformément à la Règle Nasdaq 5550(a)(2). L'avis n'affecte pas la cotation ou le trading actuel et accorde une période initiale de conformité de 180 jours calendaires se terminant le 13 avril 2026 pour regagner le seuil d'offre minimum.
Si la société remplit les critères de valeur de marché et d'autres standards d'inscription initiaux (à l'exception du prix de l'offre), elle peut demander une extension supplémentaire de 180 jours pendant qu'elle poursuit une cure, y compris une éventuelle scission inverse d'actions. La société évalue les options et entend se conformer en temps utile, mais a déclaré qu'il n'y a aucune garantie de réussite.
Raytech Holding (NASDAQ: RAY) erhielt am 14. Oktober 2025 eine Mitteilung von Nasdaq, dass sein 30-Tage-Schlusskurs unter den Minimalangebot von 1 $ gemäß Nasdaq-Regel 5550(a)(2) gefallen ist. Die Mitteilung beeinträchtigt nicht die aktuelle Notierung oder den Handel und gewährt eine anfängliche 180-tägige Konformitätsperiode, die am 13. April 2026 endet, um die Mindestangebotsschwelle wieder zu erreichen.
Wenn das Unternehmen die Marktwert- und andere anfängliche Listing-Standards (außer dem Angebotspreis) erfüllt, kann es eine zusätzliche 180-tägige Verlängerung beantragen, während es eine Lösung verfolgt, einschließlich einer möglichen Rückspaltung der Aktien. Das Unternehmen prüft Optionen und beabsichtigt, rechtzeitig konform zu werden, hat aber erklärt, dass es keine Garantie für Erfolg gibt.
Raytech Holding (NASDAQ: RAY) تلقّت إشعاراً من ناسداك في 14 أكتوبر 2025 بأن سعر الإغلاق لمدة 30 يوماً قد انخفض عن حد العرض الأدنى البالغ 1 دولار وفقاً للقانون 5550(a)(2) من ناسداك. الإشعار لا يؤثر على القيد الحالي أو التداول ويمنح فترة امتثال مبدئية لمدة 180 يوماً تقويمياً تنتهي في 13 أبريل 2026 لاستعادة حاجز الحد الأدنى للعرض.
إذا استوفت الشركة معايير القيمة السوقية وغيرها من معايير الإدراج الأولية (باستثناء سعر العرض)، يمكنها طلب مدّ إضافي لمدة 180 يوماً أثناء متابعة العلاج/التصحيح، بما في ذلك احتمال تقسيم عكسي للأسهم. الشركة تقيم الخيارات وتعتزم الامتثال في الوقت المناسب لكنها كشفت أن لا يوجد ضمان للنجاح.
Raytech Holding (NASDAQ: RAY) 于2025年10月14日收到纳斯达克通知,其的30天收盘价已低于根据纳斯达克规则5550(a)(2)的$1最低要价要求。该通知不影响当前上市或交易,并提供一个初始的180个日历日合规期,将于2026年4月13日结束,以重新达到最低要价门槛。
如果公司在价格以外的初始上市标准方面符合市值等要求,可能在继续纠正的同时申请额外的180天延期,包括可能的股票反向分割。公司正在评估选项,打算及时合规,但披露称不保证一定会成功。
- Nasdaq granted a 180-day compliance period to April 13, 2026
- Possible additional 180-day extension if market-value and other standards are met
- Bid price below $1 for 30 consecutive business days, failing Rule 5550(a)(2)
- Company faces risk of delisting if it does not regain compliance within the period
- Company stated no assurance it will be able to regain compliance
Insights
Nasdaq notified Raytech of a
Nasdaq Rule 5550(a)(2) requires a minimum closing bid of
Key dependencies and risks include the company’s ability to lift the closing bid above
Hong Kong, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Raytech Holding Limited (NASDAQ: RAY) (the “Company”), a Hong Kong-headquartered company specializing in design, sourcing and wholesale of personal care electrical appliances for international brand owners, today announced, on October 14, 2025, the Company received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that based on the closing bid price of the ordinary shares of the Company for the last 30 consecutive business days, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of
The notification has no immediate effect on the listing or trading of the Company’s ordinary shares on Nasdaq. Nasdaq has provided the Company with an 180 calendar days compliance period, or until April 13, 2026, in which to regain compliance with Nasdaq continued listing requirement. In the event that the Company does not regain compliance in the compliance period, the Company may be eligible for an additional 180 calendar days, should the Company 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 is able to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. However, if it appears that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that the Company’s securities will be subject to delisting.
The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement. Although the Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will be able to regain compliance with that rule or will otherwise be in compliance with other Nasdaq continued listing requirement.
About Raytech Holding Limited
Raytech Holding Limited is a Hong Kong-headquartered company with over 10 years of experience in the personal care electrical appliance industry. Through its operating subsidiary in Hong Kong, it sources and wholesales a diverse range of personal care electrical appliances ranging from hair styling, tooling, trimmer, eyelash curler, neck care, to nail care and other body and facial care appliances for international brand owners, providing integrated product design, production processing, and manufacturing solutions. For more information please visit: https://ir.raytech.com.hk/
Forward-Looking Statements
This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; financial condition and results of operations; product and service demand and acceptance; reputation and brand; the impact of competition and pricing; changes in technology; government regulations; fluctuations in general economic and business conditions in U.S., Hong Kong and China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company 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. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
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