Real Messenger Announces Receipt of Nasdaq Notification Letter Regarding Minimum Price Deficiency
Rhea-AI Summary
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.
Positive
- RMSG retains Nasdaq Capital Market listing with no immediate trading impact
- Company has 180-day initial compliance period to restore $1.00 bid
- Potential for an additional 180-day compliance period if criteria are met
- Management actively monitoring price and evaluating reverse split option
Negative
- Non-compliance with Nasdaq $1.00 minimum bid after 30 consecutive days below threshold
- Risk that RMSG securities may be subject to delisting if compliance not regained
- Potential need for reverse stock split, which can be dilutive in perception and affect trading dynamics
- Compliance deadline of January 19, 2027 creates time pressure to cure deficiency
News Explained
If the deficiency is not cured by
Market reaction after Nasdaq deficiency notice: RMSG +5.19% in the Jul 23 session
In the Jul 23 session, RMSG gained 5.19%, reflecting a notable positive market reaction. Argus tracked a peak move of +3.1% during that session. Argus tracked a trough of -13.8% from its starting point during tracking. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. Trading volume was above average at 2.0x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jun 09 | Public offering closing | Negative | -3.6% | Company closed a $4.0 million best-efforts public offering. |
| Jun 08 | Public offering pricing | Negative | -65.0% | Company priced a $4.0 million best-efforts offering at $0.70 per unit. |
| May 07 | Nasdaq compliance regained | Positive | +35.6% | Nasdaq confirmed compliance after ten consecutive business days above $1.00. |
| Apr 08 | Equity deficiency notice | Negative | +2.2% | Nasdaq cited stockholders' equity below the $2.5 million requirement. |
| Mar 25 | Technology collaboration | Positive | +84.3% | Company announced a non-binding memorandum with a real estate brokerage. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
RMSG's prior reactions aligned with offering and collaboration announcements but diverged on prior Nasdaq compliance and equity-deficiency notices.
Key Terms
minimum bid price requirement regulatory
reverse stock split financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Costa Mesa, CA, July 23, 2026 (GLOBE NEWSWIRE) -- Real Messenger Corporation (“Real Messenger” or the “Company”) (Nasdaq: RMSG), an innovative chat-based platform reimagining real estate connections, today announced that it received a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”) dated July 22, 2026, notifying the Company that it is not in compliance with the requirement to maintain a minimum closing bid price of
In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days, or until January 19, 2027 (the “Compliance Period”), to regain compliance with the minimum bid price requirement. To regain compliance with the minimum bid price requirement, the closing bid price of the Company’s class A ordinary shares must be at least
If the Company does not regain compliance by January 19, 2027, the Company may be eligible for an additional 180 calendar day compliance 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, by effecting a reverse stock split, if necessary. If the Company meets these requirements, Nasdaq will inform the Company that it has been granted an additional 180 calendar days. However, if it appears to Nasdaq that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that its securities will be subject to delisting.
The Company is monitoring the closing bid price of its class A ordinary shares and evaluating options to regain compliance with the minimum bid price requirement, including by effecting a reverse stock split, if necessary. However, there can be no assurance that the Company will be able to timely regain or maintain compliance with Nasdaq’s continued listing requirement.
About Real Messenger Corporation
Real Messenger Corporation (Nasdaq: RMSG) is a real estate technology platform headquartered in Costa Mesa, CA. Founded in 2022, Real Messenger is transforming real estate engagement by connecting agents, buyers, sellers, and other industry participants within a unified, social platform. With users across 35 countries, Real Messenger’s primary reach is in the U.S., with notable growth in key markets such as the U.K. and Australia.
With over 1 million users, Real Messenger is building a vibrant global community, creating a dynamic space for real estate connections, insights, and experiences. In recognition of its impact, Real Messenger was named to the 2023 HousingWire Tech 100 list, and its CEO, Thomas Ma, was honored in Inman’s “Best of Proptech” awards in 2023.
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should” “would,” “plan,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this communication and on the current expectations of Real Messenger’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Real Messenger. Some important factors that could cause actual results to differ materially from those in any forward-looking statements could include changes in domestic and foreign business, market, financial, political and legal conditions.
If any of these risks materialize or Real Messenger’s assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Real Messenger does not presently know, or that Real Messenger currently believes are immaterial that could also cause actual results to differ from those contained in the forward- looking statements. In addition, forward-looking statements reflect Real Messenger’s current expectations, plans and forecasts of future events and views as of the date hereof. Nothing in this communication should be regarded as a representation by any person that the forward- looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the cautionary statements herein and the risk factors of Real Messenger described in Real Messenger’s Form 20-F initially filed with the SEC on July 31, 2025, as amended, including those under “Risk Factors” therein. Real Messenger anticipates that subsequent events and developments will cause its assessments to change. However, while Real Messenger may elect to update these forward-looking statements at some point in the future, Real Messenger specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Real Messenger’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Contacts
Real Messenger Corporation
ir@real.co
