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

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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.

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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

News Market Reaction

+6.98%
7 alerts
+6.98% News Effect
+17.5% Peak in 27 hr 28 min
+$702K Valuation Impact
$11M Market Cap
0.0x Rel. Volume

On the day this news was published, RPGL gained 6.98%, reflecting a notable positive market reaction. Argus tracked a peak move of +17.5% during that session. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $702K to the company's valuation, bringing the market cap to $11M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

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

Market Reality Check

Price: $0.3850 Vol: Volume 763,885 is far bel...
low vol
$0.3850 Last Close
Volume Volume 763,885 is far below the 20-day average of 28,537,659, indicating light trading versus recent norms. low
Technical Shares at $0.4899 are trading below the 200-day MA of $1.03 and 90.56% below the 52-week high.

Peers on Argus

No peers with momentum or same-day headlines were flagged, suggesting the -19.98...

No peers with momentum or same-day headlines were flagged, suggesting the -19.98% pre-news move was stock-specific rather than sector-driven.

Historical Context

2 past events · Latest: Nov 26 (Negative)
Pattern 2 events
Date Event Sentiment Move Catalyst
Nov 26 Nasdaq compliance notice Negative -8.0% Nasdaq letter over late Form 20-F and listing rule non-compliance.
Oct 15 IPO completion Positive -17.7% Closing of IPO with Class A shares beginning Nasdaq trading.
Pattern Detected

Limited history shows negative reactions around compliance and listing-related events, with one IPO-related divergence.

Recent Company History

Over the last few months, RPGL moved from its IPO on Oct 15, 2025, pricing at $4.00 per share, to facing multiple Nasdaq compliance issues. A Nov 21, 2025 notice flagged a late Form 20-F filing, which saw shares fall 7.98%. The IPO news itself coincided with a 17.67% drop, indicating early volatility. Today’s bid-price deficiency notice adds to this pattern of listing-related pressures soon after going public.

Market Pulse Summary

The stock moved +7.0% in the session following this news. A strong positive reaction would have cont...
Analysis

The stock moved +7.0% in the session following this news. 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 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 is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

AI-generated analysis. Not financial advice.

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

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.
REPUBLIC PWR GROUP LTD

NASDAQ:RPGL

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