Linkage Global Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Requirement

Rhea-AI Summary

Linkage Global (Nasdaq: UZX) received a Nasdaq notice on June 3, 2026 that its Class A shares no longer meet the $1 minimum bid price requirement under Rule 5550(a)(2) after 30 consecutive business days below that level.

The notice does not immediately affect listing or trading, and UZX will continue on Nasdaq. Linkage Global has a 180-day compliance period until November 30, 2026, with a possible additional 180 days if certain criteria are met. The company is evaluating options, including a potential reverse stock split, but warns there is no assurance it will regain compliance or satisfy all continued listing requirements.

Positive

• Nasdaq notice has no immediate effect on listing or trading status
• Company has an initial 180-day compliance period ending November 30, 2026
• Potential additional 180-day compliance period available if eligibility criteria are met
• Company is actively evaluating options to regain compliance with Nasdaq rules

Negative

• Company is currently non-compliant with Nasdaq $1 minimum bid price rule
• Failure to regain compliance could result in Nasdaq delisting the securities
• Company acknowledges no assurance of regaining compliance with Rule 5550(a)(2)
• Ongoing risk of not meeting other Nasdaq continued listing requirements

News Market Reaction – UZX

-5.77%

22 alerts

-5.77% Session close to close

-26.8% Trough in 6 hr 28 min

$26.30M Market Cap

0.0x Rel. Volume

In the Jun 8 session, UZX declined 5.77%, reflecting a notable negative market reaction. Argus tracked a trough of -26.8% from its starting point during tracking. Our momentum scanner triggered 22 alerts that day, indicating elevated trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved -5.8% in the session following this news. A negative reaction despite prior supporti...

Analysis

The stock moved -5.8% in the session following this news. A negative reaction despite prior supportive actions fits a narrative where listing-compliance concerns overshadow earlier positives. The Nasdaq notice confirms the bid remained under $1 for 30 consecutive days, raising the risk of eventual delisting if compliance is not restored within the initial 180-day window or any extension. Earlier, a $8 million buyback announcement coincided with a 72.65% rise, highlighting how sentiment can reverse when regulatory thresholds are threatened.

Key Figures

Minimum bid price: $1 per share Non-compliance period: 30 consecutive business days Initial compliance window: 180 calendar days +2 more

5 metrics

Minimum bid price $1 per share Nasdaq Listing Rule 5550(a)(2) requirement

Non-compliance period 30 consecutive business days Period with bid below $1 triggering notice

Initial compliance window 180 calendar days Deadline to regain bid-price compliance, until November 30, 2026

Additional compliance window 180 calendar days Potential second period if other Nasdaq criteria are met

Rule reference Rule 5550(a)(2) Nasdaq minimum bid price continued listing standard

Historical Context

1 past event · Latest: May 26 (Positive)

Pattern 1 events

Date	Event	Sentiment	24h Move	Catalyst
May 26	Share repurchase	Positive	+72.7%	Announcement of $8M share repurchase program funded by cash and cash flow.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Limited recent history shows a strong positive reaction to capital-return news, contrasting with the current compliance-related pressure.

Recent Company History

Over the past months, Linkage Global has navigated notable corporate developments. On May 26, 2026, the company authorized a $8 million share repurchase program funded by existing and future cash flow, which saw a 72.65% 24-hour price jump, indicating a strong market response to capital return. Today’s Nasdaq minimum bid-price notification highlights listing-compliance risk against a backdrop of prior supportive corporate actions.

Key Terms

minimum bid price, nasdaq listing rules 5550(a)(2), continued listing requirement, nasdaq capital market, +3 more

7 terms

minimum bid price regulatory

"to maintain a minimum bid price of $1 per share."

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.

nasdaq listing rules 5550(a)(2) regulatory

"the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2)"

Nasdaq Listing Rule 5550(a)(2) is a Nasdaq Capital Market standard that sets a minimum share-price requirement companies must meet to list their common stock on that market. Think of it as a minimum entrance score for a club: if a stock trades below the required price, the company can face warnings or removal, which matters to investors because it affects liquidity, tradability and perceptions of company stability.

continued listing requirement regulatory

"no longer meets the continued listing requirement of Nasdaq"

Rules a stock exchange sets that a publicly traded company must follow to keep its shares listed, such as minimum share price, market value, shareholder equity, and timely financial reporting. These rules matter to investors because failing them can lead to removal from the exchange, which can make shares harder to buy or sell and often lowers their value — like a club with membership requirements where losing eligibility restricts access and signals trouble.

nasdaq capital market regulatory

"initial listing standards for The Nasdaq Capital Market, with the exception"

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

reverse stock split financial

"by effecting a reverse stock split, if necessary."

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.

market value of publicly held shares financial

"requirement for market value of publicly held shares and all other initial listing standards"

The market value of publicly held shares is the total dollar worth of a company’s shares that are available to outside investors, calculated by multiplying the current market price by the number of shares held by the public (the “float”). It matters because it tells investors how much of the company is actually tradable and how the market is pricing that tradable portion—like a price tag on the items on a store shelf, it affects liquidity, volatility and how easy it is to buy or sell a meaningful stake.

listing qualifications department regulatory

"a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC"

A listing qualifications department is the part of a stock exchange that checks whether a company meets the exchange’s rules for being listed and staying listed. Think of it as a gatekeeper or building inspector: it reviews financial statements, disclosure practices and corporate governance, flags problems and can require fixes or remove a company’s shares. Investors care because its decisions affect whether a stock remains tradable and how much trust to place in a company’s reporting.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

TOKYO and NEW YORK, June 05, 2026 (GLOBE NEWSWIRE) -- Linkage Global Inc. (NASDAQ: UZX) (“Linkage Global” or the “Company”), a public company that engages in providing cross-border e-commerce integrated services, today announced that it has received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on June 3, 2026, notifying the Company that based on the closing bid price of the Class A ordinary shares of the Company for the last 30 consecutive business days, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.

This notification has no immediate effect on the listing or trading of the Company’s Class A ordinary shares, which will continue to trade on Nasdaq under the symbol “UZX.” In accordance with Nasdaq rules, the Company has been provided with an initial compliance period of 180 calendar days, or until November 30, 2026, in which to regain compliance with the minimum bid price requirement. In the event the Company does not regain compliance, the Company may be eligible for an additional 180 calendar days, should the Company 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 is able to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. However, if it appears that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that the Company's securities will be subject to delisting.

The Company is currently evaluating all available options to regain compliance and intends to take appropriate actions to do so within the prescribed timeframe. 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 requirements.

About Linkage Global Inc.

Linkage Global Inc. (NASDAQ: UZX) is a holding company, which engages in providing cross-border e-commerce integrated services. Through its operating entities, it developed a comprehensive service system comprised of two lines of business complementary to each other, including cross-border sales and integrated e-commerce services. It operates through the Extend and Other Subsidiaries segments. The company was founded on March 24, 2022, and is headquartered in Tokyo, Japan. For more information, please visit the Company’s website: https://linkagecc.com

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company's plans, strategies and business development initiatives. There can be no assurance that any potential acquisition will be completed. These forward-looking statements involve known and unknown risks and uncertainties 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. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.

For investor and media inquiries, please contact:

Linkage Global Inc.
Investor Relations
Email: ir@linkagecc.com

Jackson Lin
LLYC
Phone: +1 (646) 717-4593
Email: jian.lin@llyc.global

FAQ

What did Linkage Global (NASDAQ: UZX) announce about its Nasdaq minimum bid price on June 5, 2026?

Linkage Global announced it no longer meets Nasdaq’s $1 minimum bid price requirement for its Class A shares. According to the company, this follows 30 consecutive business days with a closing bid price below $1, triggering a formal notice from Nasdaq’s Listing Qualifications Department.

Does the Nasdaq minimum bid price notice mean Linkage Global (UZX) is being delisted now?

No, the notice does not immediately delist Linkage Global shares from Nasdaq. According to the company, its Class A ordinary shares will continue trading under the symbol UZX while it works within the allowed compliance period to cure the bid price deficiency.

What is the deadline for Linkage Global (UZX) to regain Nasdaq minimum bid price compliance?

Linkage Global has until November 30, 2026 to regain compliance with Nasdaq’s $1 minimum bid price rule. According to the company, this 180-day period follows the June 3, 2026 notice and may be extended by another 180 days if specific criteria are met.

Can Linkage Global (NASDAQ: UZX) receive more time beyond November 30, 2026 to meet Nasdaq bid rules?

Yes, Linkage Global may receive an additional 180 days to regain compliance if it meets certain listing standards. According to the company, it must satisfy market value and other initial Nasdaq Capital Market requirements, except bid price, and commit in writing to curing the deficiency.

How might Linkage Global (UZX) regain compliance with Nasdaq’s $1 minimum bid price requirement?

Linkage Global is evaluating options to restore compliance, potentially including a reverse stock split. According to the company, any such action would aim to raise the closing bid price to at least $1, though there is no assurance these efforts will succeed or be sufficient.

What happens if Linkage Global (NASDAQ: UZX) cannot cure the Nasdaq bid price deficiency?

If Linkage Global cannot regain compliance, its securities may become subject to Nasdaq delisting. According to the company, Nasdaq would issue a delisting notice if it appears the deficiency will not be cured or if the company is otherwise ineligible for continued listing.

Does the Nasdaq notice affect daily trading of Linkage Global (UZX) shares in the near term?

In the near term, the Nasdaq notice does not change how Linkage Global shares trade. According to the company, its Class A ordinary shares will continue trading on Nasdaq under the symbol UZX while it pursues actions to address the minimum bid price requirement.