YY Group Acknowledges Nasdaq Notification on Bid Price Requirement
Rhea-AI Summary
YY Group Holding (NASDAQ: YYGH) received a Nasdaq Listing Qualifications notification dated October 21, 2025 stating the company no longer meets the minimum bid price requirement of $1.00 under Nasdaq Listing Rule 5550(a)(2) after the last 30 consecutive business days.
Class A shares will continue trading uninterrupted under YYGH. The company has a 180-calendar-day compliance period until April 20, 2026 to regain a $1.00 closing bid for at least 10 consecutive trading days or seek additional time if eligible.
Positive
- Class A shares continue trading uninterrupted under YYGH
- Company granted a 180-day compliance period ending April 20, 2026
- Regain requirement: $1.00 closing bid for 10 consecutive trading days
Negative
- Nasdaq found a bid-price deficiency after 30 consecutive business days
- Risk of delisting if compliance is not regained by April 20, 2026
- Share-price sensitivity to market volatility could impede cure
News Market Reaction
On the day this news was published, YYGH gained 1.86%, reflecting a mild positive market reaction. This price movement added approximately $368K to the company's valuation, bringing the market cap to $20M at that time.
Data tracked by StockTitan Argus on the day of publication.
This announcement is being made in accordance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure upon receipt of a deficiency notification. The receipt of the Notification Letter has no immediate impact on the Company's business operations or the listing of its Class A Shares, which will continue to trade uninterrupted on Nasdaq under the ticker symbol "YYGH."
Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of 180 calendar days, or until April 20, 2026, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To regain compliance, the Company's Class A Shares must have a closing bid price of at least
The Company will continue to monitor its closing bid price and assess all available options to restore compliance through appropriate corporate measures. YY Group remains committed to advancing its strategic initiatives, strengthening financial performance, and creating sustainable long-term value for shareholders.
Safe Harbor Statement
This press release contains forward-looking statements that are made pursuant to the "safe harbor" provisions of the
About YY Holdings Limited:
YY Group Holding Limited (Nasdaq: YYGH) is a
Leveraging proprietary digital platforms and IoT-driven systems, YY Group enables clients to meet fluctuating labor demands and maintain high-performance environments. In addition to its core operations in
Listed on the Nasdaq Capital Market, YY Group is committed to service excellence, operational innovation, and long-term value creation for clients and shareholders.
For more information on the Company, please log on to https://yygroupholding.com/.
Investor Contact
Phua Zhi Yong, Chief Financial Officer
YY Group
Enquiries@yygroupholding.com
Mark Niu, Chief Strategy Officer,
YY Group
mark.niu@yygroupholding.com
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SOURCE YY Group Holding Limited