SKK HOLDINGS LIMITED ANNOUNCES RECEIPT OF NASDAQ EXTENSION OF COMPLIANCE PERIOD REGARDING MINIMUM PRICE DEFICIENCY
SKK Holdings (Nasdaq: SKK) received a Nasdaq compliance extension after failing to meet the minimum bid price requirement.
Nasdaq notified SKK on April 14, 2025 of noncompliance under Rule 5550(a)(2). The initial 180-day cure period ended on October 13, 2025, and Nasdaq informed the company on October 14, 2025 that it is eligible for an additional 180-day extension to April 13, 2026. SKK said its shares will continue trading uninterrupted under the symbol SKK during the extension and that it is evaluating options to regain compliance, but there is no assurance it will succeed.
SKK Holdings (Nasdaq: SKK) ha ricevuto una proroga di conformità da Nasdaq dopo non aver rispettato il requisito del prezzo minimo di offerta.
Nasdaq ha comunicato a SKK il 14 aprile 2025 della non conformità ai sensi della Regola 5550(a)(2). Il periodo iniziale di correzione di 180 giorni è terminato il 13 ottobre 2025, e Nasdaq ha informato la società il 14 ottobre 2025 che è idonea per un'ulteriore estensione di 180 giorni fino al 13 aprile 2026. SKK ha dichiarato che le azioni continueranno a essere negoziate senza interruzioni sotto il simbolo SKK durante l'estensione e che sta valutando opzioni per rientrare in conformità, ma non vi è alcuna garanzia che avrà successo.
SKK Holdings (Nasdaq: SKK) recibió una extensión de cumplimiento por parte de Nasdaq tras no cumplir con el requisito de precio mínimo de la oferta.
Nasdaq notificó a SKK el 14 de abril de 2025 de incumplimiento bajo la Regla 5550(a)(2). El período inicial de cure de 180 días terminó el 13 de octubre de 2025, y Nasdaq informó a la empresa el 14 de octubre de 2025 que es elegible para una extensión adicional de 180 días hasta el 13 de abril de 2026. SKK dijo que sus acciones seguirán cotizando sin interrupciones bajo el símbolo SKK durante la extensión y que está evaluando opciones para volver a cumplir, pero no hay garantía de que tenga éxito.
SKK Holdings (나스닥: SKK)은 최저 매수가격 요건 미충족으로 나스닥의 규정 준수 연장을 받았습니다.
나스닥은 2025년 4월 14일에 규칙 5550(a)(2)에 따른 비준수 사실을 SKK에 통지했습니다. 처음 180일의 시정 기간은 2025년 10월 13일에 종료되었고, 나스닥은 회사에 2025년 10월 14일에 추가로 180일의 연장이 가능하다고 통보했습니다. 2026년 4월 13일까지 연장됩니다. SKK는 연장 기간 동안 심볼 SKK으로의 거래가 중단 없이 계속될 것이며, 준수를 회복하기 위한 옵션을 평가 중이지만 성공을 보장할 수는 없다고 밝혔습니다.
SKK Holdings (Nasdaq : SKK) a reçu une prolongation de conformité de la part de Nasdaq après ne pas avoir respecté l’exigence de cours d’offre minimal.
Nasdaq a notifié à SKK le 14 avril 2025 de non-conformité selon la règle 5550(a)(2). La période initiale de correctif de 180 jours s’est terminée le 13 octobre 2025, et Nasdaq a informé l’entreprise le 14 octobre 2025 qu’elle était éligible à une prolongation supplémentaire de 180 jours jusqu’au 13 avril 2026. SKK a déclaré que ses actions continueront à être négociées sans interruption sous le symbole SKK pendant la prolongation et qu’elle évalue des options pour se mettre en conformité, mais il n’y a aucune garantie que cela réussira.
SKK Holdings (Nasdaq: SKK) erhielt aufgrund der Nichterfüllung der Mindest-Offer-Preis-Anforderung eine Compliance-Verlängerung von Nasdaq.
Nasdaq teilte SKK am 14. April 2025 die Nichteinhaltung gemäß Regel 5550(a)(2) mit. Die anfängliche 180-tägige Nachbesserungsfrist endete am 13. Oktober 2025, und Nasdaq informierte das Unternehmen am 14. Oktober 2025, dass es für eine weitere Verlängerung von 180 Tagen bis zum 13. April 2026 berechtigt ist. SKK erklärte, dass seine Aktien während der Verlängerung unter dem Symbol SKK weiter ohne Unterbrechung gehandelt werden und es Optionen prüft, um die Einhaltung wiederherzustellen, aber es gibt keine Garantie, dass dies gelingt.
SKK Holdings (Nasdaq: SKK) تلقّت تمديداً للامتثال من Nasdaq بعد عدم الوفاء بمتطلب سعر العرض الأدنى.
أخطرت Nasdaq شركة SKK في 14 أبريل 2025 بأنها غير ممتثلة بموجب القاعدة 5550(a)(2). انتهت فترة الإصلاح الأولية البالغة 180 يوماً في 13 أكتوبر 2025، وأخطرت الشركة في 14 أكتوبر 2025 بأنها مؤهلة لتمديد إضافي لمدة 180 يوماً حتى 13 أبريل 2026. وقالت SKK إن أسهمها ستستمر في التداول دون انقطاع تحت الرمز SKK خلال التمديد، وأنها تقيم خيارات لاستعادة الامتثال، لكن لا يوجد ضمان بأنها ستنجح.
SKK Holdings (纳斯达克：SKK) 在未达到最低要价要求后获得了纳斯达克的合规延长期。
纳斯达克于2025年4月14日就违反规则5550(a)(2)通知了SKK。最初的180天纠正期于2025年10月13日结束，纳斯达克于2025年10月14日告知公司可获得额外180天延长期，延长至2026年4月13日。SKK表示在延长期内，其股票将在交易代码SKK下继续不间断交易，并且正在评估恢复合规的选项，但不能保证一定会成功。
- Eligible for a 180-day Nasdaq extension until April 13, 2026
- Shares continue trading uninterrupted under symbol SKK
- Failed to meet Nasdaq minimum bid-price rule by October 13, 2025
- No assurance the company will regain Nasdaq compliance within extension
Insights
SKK received a 180‑day Nasdaq extension to regain the
As a listed civil engineering services issuer, SKK failed to meet Nasdaq Listing Rule 5550(a)(2) by the end of the initial 180‑day window that expired on
The extension preserves normal market access but signals a compliance risk until the new
SINGAPORE, Oct. 17, 2025 (GLOBE NEWSWIRE) -- SKK Holdings Limited (“SKK” or the “Company”) (Nasdaq: SKK), a civil engineering service provider that specializes in subsurface utility works in Singapore, previously announced that it received a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”) on April 14, 2025, notifying the Company that based on the closing bid price of the Company for the period from February 28, 2025 to April 11, 2025, the Company did not meet the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of
Today the Company announced that it received a letter from Nasdaq dated October 14, 2025, notifying the Company that it is eligible for an additional 180-day extension, or until April 13, 2026, to regain compliance. The shares will continue to trade uninterrupted under the symbol “SKK” through the 180-day extension.
The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement within the current 180-day extension period. 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 SKK Holdings Limited
SKK Holdings Limited is a civil engineering service provider that specializes in subsurface utility works in Singapore. We seek to plan, construct and maintain various public works and infrastructure projects that serve the society and the environment. We have over 10 years of experience in providing civil engineering services to our customers in Singapore in numerous public utility projects, including but not limited to power and telecommunication cable laying works, water pipeline works and sewer rehabilitation works.
Safe Harbor Statement
This press release contains forward-looking statements that reflect our current expectations and views of future events. Known and unknown risks, uncertainties and other factors, including those listed under “Risk Factors,” may cause our actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. You can identify some of these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. We have based these forward-looking statements largely on our current expectations and projections about future events that we believe may affect our financial condition, results of operations, business strategy and financial needs. These forward-looking statements involve various risks and uncertainties. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. We qualify all of our forward-looking statements by these cautionary statements.
SKK Holdings Limited Contacts:
Sunny Soon
Chief Financial Officer
Telephone +65 6334 3831
skkcfo@skkworks.com.sg
Phaik Shya Koay
Financial Controller
Telephone +65 6334 3831
kelly.koay@skkworks.com.sg
FAQ
What did SKK (Nasdaq: SKK) announce on October 17, 2025 about Nasdaq compliance?
Why did SKK receive a Nasdaq compliance notice in April 2025?
When did SKK’s initial Nasdaq cure period end and what happened next?
Will SKK shares stop trading during the Nasdaq compliance extension?
What is SKK’s plan to regain Nasdaq compliance by April 13, 2026?
