SU GROUP HOLDINGS LIMITED REGAINS COMPLIANCE WITH NASDAQ MINIMUM BID PRICE REQUIREMENT
SU Group Holdings (Nasdaq: SUGP) announced it has received written confirmation from The Nasdaq Stock Market that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).
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Rhea-AI Summary
SU Group Holdings (Nasdaq: SUGP) announced it has received written confirmation from The Nasdaq Stock Market that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The company is now in compliance with all Nasdaq Capital Market listing requirements.
As a result, SU Group’s Class A Ordinary Shares will continue to be listed and traded on Nasdaq under the ticker symbol “SUGP”, removing the immediate risk of Nasdaq delisting tied to the bid price rule.
Positive
- Regained Nasdaq bid price compliance, removing immediate listing risk
- SUGP Class A shares will continue trading on the Nasdaq Capital Market
Negative
- None.
Details
Market move: SUGP -42.70% in the Aug 21 session. Nasdaq compliance update
On Aug 21, the first trading day after this news, SUGP closed 42.70% below the previous close. Argus tracked a peak move of +50.9% during that session. Argus tracked a trough of -65.0% from its starting point during tracking. Our momentum scanner recorded 191 alerts for this stock that day. Relative volume reached 3225.9x the daily average during tracking.
Data tracked by StockTitan Argus for the Aug 21 session.
Key Figures
- Announcement date
- Aug. 20, 2026
- Nasdaq compliance confirmation
Historical Context
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Fortune Jet signed a three-party memorandum for Greater China security training expansion.
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Company announced a 1-for-5 reverse stock split effective August 6, 2026.
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Nasdaq issued a staff delisting determination after prolonged sub-$1 closing bids.
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SU Group secured a government-linked Hong Kong security contract exceeding US$1 million.
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The board approved reducing certain warrant exercise prices from US$5.50 to US$0.87.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
About SU Group Holdings Limited
SU Group (Nasdaq: SUGP) is an integrated security-related services company that primarily provides security-related engineering services, security guarding and screening services, and related vocational training services in Hong Kong. Through its subsidiaries, SU Group has been providing turnkey services to the existing infrastructure or planned development of its customers through the design, supply, installation, and maintenance of security systems for over two decades. The security systems that SU Group provides services include threat detection systems, traffic and pedestrian control systems, and extra-low voltage systems in private and public sectors, including commercial properties, public facilities, and residential properties in Hong Kong. For more information visit www.sugroup.com.hk.
Forward-Looking Statements
The Company makes forward-looking statements in this report within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties, including the expected effectiveness of the share consolidation on or about August 6, 2026, the possibility that the Company may regain compliance with Nasdaq's minimum bid price requirement following the share consolidation and that the Panel hearing may not need to proceed, and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. These statements may be preceded by, followed by or include the words "may," "might," "will," "will likely result," "should," "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," "continue," "target" or similar expressions. These forward-looking statements are based on information available to the Company as of the date of this report and involve substantial risks and uncertainties. Actual results may vary materially from those expressed or implied by the forward-looking statements herein due to a variety of factors, and other risks and uncertainties set forth in our reports filed with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update forward-looking statements as a result of new information, future events or developments or otherwise.
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SOURCE SU Group Holdings Limited
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