Real Messenger (Nasdaq: RMSG) regained compliance with Nasdaq’s stockholders’ equity requirement, as confirmed in a letter dated October 6, 2026.
Listing Rule 5550(b)(1) requires at least US$2.5 million in stockholders’ equity. Nasdaq based its determination on the company’s June 10, 2026 Form 6-K and supplemental information submitted October 2, 2026, following an April 6, 2026 noncompliance notice. The company may face delisting if it fails to demonstrate compliance when filing interim financial statements for the period ended September 30, 2026. In that event, it would receive written notification and could appeal to a Nasdaq Hearings Panel.
Real Messenger (Nasdaq: RMSG) announced that its Board authorized, on August 20, 2026, a two-year share repurchase program for up to US$2.0 million of its Class A ordinary shares. The company stated this reflects confidence in its business model, long-term growth prospects, and commitment to shareholder value.
Repurchases may be made via open market purchases, privately negotiated transactions, or other methods, in compliance with U.S. securities laws, including Rules 10b-18 and 10b5-1, as well as Cayman Islands solvency requirements. The program is discretionary, may be suspended or discontinued at any time, and is expected to be funded with cash on hand and future operating cash flows.
Real Messenger (Nasdaq: RMSG) reported receiving a Nasdaq notice dated July 22, 2026 that its class A ordinary shares failed to meet the $1.00 minimum bid price requirement, having traded below $1 for 30 consecutive business days from June 8 to July 21, 2026.
The notice does not immediately affect listing or trading on the Nasdaq Capital Market. Real Messenger has 180 days, until January 19, 2027, to regain compliance by maintaining a closing bid of at least $1.00 for a minimum of 10 consecutive business days. The company may qualify for an additional 180‑day period and is monitoring its share price and considering options, including a potential reverse stock split.
Real Messenger (Nasdaq:RMSG) closed a best-efforts public offering of 5,714,284 units at $0.70 per unit, raising approximately $4 million in gross proceeds before fees.
Each unit includes one Class A share or pre-funded warrant plus one common warrant. Proceeds will fund M&A, working capital and general corporate purposes.
Real Messenger (Nasdaq:RMSG) priced a public offering of 5,714,284 units at US$0.70 per Unit on a best-efforts basis, for expected gross proceeds of about US$4.0 million before expenses.
Each Unit includes one Class A share or pre-funded warrant plus one five-year common warrant at US$0.70.
Real Messenger (Nasdaq: RMSG) said it has regained compliance with Nasdaq Listing Rule 5550(a)(2) after Nasdaq determined the company’s closing bid price was at or above $1.00 per share for 10 consecutive business days from April 22, 2026 to May 5, 2026.
The company had previously received a Nasdaq notice on March 13, 2026 for a closing bid below $1.00 for 30 consecutive business days (January 29, 2026 to March 12, 2026). Nasdaq has closed the prior minimum bid price deficiency matter.
Real Messenger (Nasdaq: RMSG) received a Nasdaq notification dated April 6, 2026, for stockholders' equity deficiency. The company reported stockholders' equity of $1,110,873 in its March 31, 2026 Form 6-K, below the Nasdaq Capital Market requirement of $2,500,000.
Nasdaq gave Real Messenger until May 21, 2026 (45 days) to submit a compliance plan; the company intends to regain compliance and may receive an extension of up to 180 calendar days if Nasdaq approves the plan.
Real Messenger (Nasdaq: RMSG) announced a non-binding memorandum of understanding on March 25, 2026 to explore deploying its integrated real estate technology platform with a publicly traded U.S. real estate brokerage.
The exploratory MOU covers CRM, messaging, listing management, lead generation, transaction management and analytics and would require a definitive agreement for commercial licensing and services.
Real Messenger (Nasdaq: RMSG) received a Nasdaq notice dated March 13, 2026, for failing to meet the $1.00 minimum closing bid requirement under Nasdaq Listing Rule 5550(a)(2).
The company has a 180-calendar-day compliance period through September 9, 2026 to regain compliance (10 consecutive business days at ≥ $1.00) or pursue a reverse stock split no later than ten business days before that date.
The notice is a deficiency letter only and does not affect current listing or trading while the company evaluates options.
Inman has announced its 2024 Best of Proptech Awards recipients, with Thomas Ma, Founder of Real Messenger , being honored in the Entrepreneur category for the second consecutive year. The awards, selected by Inman's editorial team, recognize excellence across Alternative Financing, Entrepreneurs, Innovation in Construction, and Venture Capital categories.
Ma founded Real Messenger to revolutionize real estate connectivity, creating a platform where agents can showcase listings, including off-market properties, and build professional networks without traditional constraints. The app emphasizes social engagement, allowing agents to create social media-style profiles and amplify their listings outside of conventional industry portals.
Following Real Messenger's recent Nasdaq listing, Ma expressed gratitude for the recognition, viewing it as validation of the company's mission to reshape the real estate industry.