Republic Power Group Limited Announces Receipt of a Bid Deficiency Notice from Nasdaq

Rhea-AI Summary

Republic Power Group (NASDAQ: RPGL) disclosed that on January 5, 2026 it received a Nasdaq notification that its Class A ordinary shares have traded below the required $1.00 minimum bid for 30 consecutive business days, resulting in noncompliance with Nasdaq Listing Rule 5550(a)(2).

The notice has no immediate effect on the listing. The company has until July 6, 2026 (a 180-day compliance period) to regain compliance by achieving a closing bid of at least $1.00 for 10 consecutive business days. If compliance is not regained, the company may seek an additional 180-day extension if it meets Nasdaq's market-value and other initial listing standards and provides written notice of intent to cure, including the possibility of a reverse stock split.

Positive

• Notification has no immediate delisting effect
• Company has until July 6, 2026 to regain compliance
• Clear compliance path: $1.00 closing bid for 10 business days

Negative

• Class A shares below $1.00 for 30 consecutive business days
• Risk of reverse stock split if additional cure is required
• Potential delisting if compliance not achieved within extension periods

Argus Jan 8 session

+8.76% close to close Open Argus

Details

News Market Reaction – RPGL

On Jan 8, the first trading day after this news, RPGL closed 8.76% above the previous close.

Data tracked by StockTitan Argus for the Jan 8 session.

Market Context

On Jan 8, the first trading day after this news, the stock closed 8.8% above the previous close. A s...

Analysis

On Jan 8, the first trading day after this news, the stock closed 8.8% above the previous close. A strong positive reaction would have contrasted with the prior -19.98% move and the pattern of declines around compliance events. Given the stock’s position 90.56% below its 52-week high and below the 200-day MA, any sharp rebound could have reflected short-term repositioning rather than a fundamental resolution of listing risks. Sustainability would have depended on clearly regaining the $1.00 bid level and stabilizing operational disclosures.

Key Figures

Nasdaq minimum bid: $1.00 per share Non-compliance period: 30 consecutive business days Initial cure deadline: July 6, 2026 +5 more

Nasdaq minimum bid

$1.00 per share

Nasdaq Listing Rule 5550(a)(2) minimum bid price requirement

Non-compliance period

30 consecutive business days

Time bid stayed below $1.00 before Nasdaq notice

Initial cure deadline

July 6, 2026

End of initial 180-day compliance period

Compliance window

10 consecutive business days

Required closing bid at or above $1.00 to regain compliance

Possible extension

Additional 180 calendar days

Potential second compliance period if conditions are met

Current price

$0.4899

Prior to bid deficiency notice disclosure

1-day move

-19.98%

Price change over the last 24 hours

52-week range

$0.2318 – $5.19

Shares <b>90.56%</b> below the 52-week high pre-news

Historical Context

2 past events · Latest: Nov 26

2 events

1. Nov 26

   Nasdaq compliance notice

   24h Move

   -8.0%

   Nasdaq letter over late Form 20-F and listing rule non-compliance.

2. Oct 15

   IPO completion

   24h Move

   -17.7%

   Closing of IPO with Class A shares beginning Nasdaq trading.

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, closing bid price, reverse stock split

3 terms

minimum bid price financial

"the minimum bid price per share for its Class A ordinary shares has been below $1.00"

The minimum bid price is the lowest share price that a market, regulator, or specific offering will accept for a trade, listing, or auction—think of it as a reserve or floor that a stock must meet to qualify for certain actions. It matters to investors because falling below that floor can limit trading options, trigger compliance measures or delisting risks, and affect liquidity and the perceived value of a holding, much like a reserve price in an auction sets the baseline for a sale.

closing bid price financial

"If at any time during such 180-day period the closing bid price of the Company’s Class A"

The closing bid price is the last price that a buyer was willing to pay for a security at the end of the trading day. It reflects the final visible demand for the stock — like the last offer someone makes for a used car before a yard closes — and helps investors gauge market interest, set valuations, and mark portfolios to market for that day.

reverse stock split financial

"intention to cure this deficiency during the second compliance period, by effecting a reverse stock split"

A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Singapore, Jan. 07, 2026 (GLOBE NEWSWIRE) -- Republic Power Group Limited (“RPGL” or the “Company”), (NASDAQ: RPGL) announced today that on January 5, 2026, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC (“Nasdaq”), notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2).

The notification received has no immediate effect on the listing of the Company’s Class A ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until July 6, 2026 to regain compliance. If at any time during such 180-day period the closing bid price of the Company’s Class A ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance.

If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary. 

About Republic Power Group Limited

Republic Power Group Ltd. is a Singapore-based company engaged in developing customized enterprise resource planning (“ERP”) software solutions, consulting and technical support services, and peripheral hardware.

For more information on our latest innovations and developments, visit https://republicpower.net/.

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. 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; the Company’s future acquisition opportunities; the Company’s ability to identify any acquisition opportunities that fit with our business strategies; the Company’s ability to consummate an attractive acquisition and realize the benefits of such transaction; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission.  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 U.S. Securities and Exchange Commission, 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.

For investor and media inquiries, please contact:

Republic Power Group Limited
Email: ir@republicpower.net

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did RPGL announce about Nasdaq compliance on January 5, 2026?

RPGL said it received a Nasdaq notice that its shares traded below $1.00 for 30 consecutive business days and are noncompliant with Rule 5550(a)(2).

How long does RPGL have to regain Nasdaq compliance for NASDAQ: RPGL?

The company has until July 6, 2026 (180 days from the notice) to regain compliance.

What is the requirement for RPGL to regain compliance with Nasdaq rule 5550(a)(2)?

A closing bid of at least $1.00 per share for a minimum of 10 consecutive business days.

What happens if RPGL does not regain compliance by July 6, 2026?

RPGL may be eligible for an additional 180 days if it meets Nasdaq market-value and other initial listing standards and files a written intent to cure.

Could RPGL perform a reverse stock split to meet Nasdaq requirements?

Yes; the company may effect a reverse stock split as part of a cure if necessary and permitted by Nasdaq conditions.