STOCK TITAN

CBL International (NASDAQ: BANL) gets Nasdaq notice on sub-$1.00 share price

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

CBL International Limited reported that it received a Nasdaq notice on August 12, 2025 stating its ordinary share bid price stayed below the required $1.00 minimum for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2).

Under Nasdaq rules, the company has 180 calendar days, until February 9, 2026, to regain compliance and could potentially receive a further 180-day period until August 8, 2026 if additional criteria are met, although this is not assured.

The notice does not immediately affect listing or trading of the shares, and the company plans to monitor its share price and consider options to restore compliance.

Positive

  • None.

Negative

  • Nasdaq minimum bid-price deficiency and compliance deadline: The company’s ordinary shares failed to meet the $1.00 bid-price requirement for 30 consecutive business days, triggering a Nasdaq notice and a 180-day compliance period, with only a conditional possibility of an additional 180 days.

Insights

Nasdaq bid-price deficiency introduces delisting risk if not corrected.

CBL International Limited has fallen out of compliance with Nasdaq’s Minimum Bid Price Rule after its shares traded below $1.00 for 30 straight business days. This status triggers a formal remediation timeline rather than an immediate delisting, but it signals sustained share price weakness.

The company now has an initial 180-day window, until February 9, 2026, to push its bid price back to at least $1.00 for the period required under Nasdaq rules. A further 180 days, extending to August 8, 2026, is possible only if it meets specific Nasdaq criteria, and the disclosure explicitly notes there is no assurance of qualifying for that extension.

The company states it will monitor the share price and consider available options to regain compliance, which can include measures such as corporate actions or business developments, though none are specified here. The immediate takeaway is that trading continues unchanged for now, but longer-term Nasdaq listing status depends on whether the minimum bid price can be restored within the allowed compliance periods.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of August 2025

 

Commission File Number: 001-41657

 

CBL INTERNATIONAL LIMITED

(Registrant’s Name)

 

Level 23-2, Menara Permata Sapura

Kuala Lumpur City Centre

50088 Kuala Lumpur

Malaysia

(Address of Principal Executive Offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

 

Form 20-F ☒ Form 40-F ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐

 

 

 

 

 

 

Nasdaq Deficiency Notice

 

On August 15, 2025, CBL International Limited (the “Company”) announced that it had received a written notice (the “Notice”), dated as of August 12, 2025, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, for the thirty (30) consecutive business days prior to the date of the Notice, the bid price for the Company’s ordinary shares had closed below the minimum $1.00 per share requirement for continued listing on the Nasdaq under Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”).

 

Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has an initial period of 180 calendar days, or until February 9, 2026, to regain compliance. If the Company fails to regain compliance with the Minimum Bid Price Rule during this period, the Company may be eligible for an additional 180 calendar days, or until August 8, 2026, to regain compliance if it meets certain requirements as detailed in Nasdaq Listing Rule 5810(c)(3)(A)(ii). However, there can be no assurance that the Company would be eligible for such additional 180 calendar day compliance period, if needed.

 

The Notice has no immediate effect on the listing or trading of the Company’s ordinary shares.

 

The Company intends to monitor the bid price of its ordinary shares and consider available options to regain compliance with the Minimum Bid Price Rule.

 

As noted above, on August 15, 2025, the Company issued a press release announcing the receipt of the Notice. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 6-K and is incorporated herein by reference.

 

 

 

 

EXHIBIT INDEX

 

Exhibit No.   Description

99.1

  Press Release dated August 15, 2025

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  CBL International Limited
   
  By: /s/ Teck Lim Chia
  Name: Teck Lim Chia
Date: August 15, 2025 Title: Chief Executive Officer

 

 

FAQ

Why did CBL International (BANL) receive a Nasdaq deficiency notice?

CBL International received a notice from Nasdaq because, for 30 consecutive business days before August 12, 2025, the bid price for its ordinary shares closed below the required $1.00 per share minimum under Nasdaq Listing Rule 5550(a)(2).

How long does CBL International (BANL) have to regain Nasdaq bid-price compliance?

The company has an initial 180 calendar days, until February 9, 2026, to regain compliance with the Nasdaq Minimum Bid Price Rule, based on Nasdaq Listing Rule 5810(c)(3)(A).

Can CBL International (BANL) get more time beyond the first 180 days?

If it does not regain compliance by February 9, 2026, the company may qualify for an additional 180 days, until August 8, 2026, under Nasdaq Listing Rule 5810(c)(3)(A)(ii), but there is no assurance it will be eligible.

Does the Nasdaq notice immediately affect trading of CBL International (BANL) shares?

No. The company states that the Nasdaq notice has no immediate effect on the listing or trading of its ordinary shares; they continue to trade as before while the company works to regain compliance.

What actions does CBL International (BANL) plan regarding the Nasdaq bid-price issue?

The company says it intends to monitor the bid price of its ordinary shares and consider available options to regain compliance with the Nasdaq Minimum Bid Price Rule, without specifying particular measures in this disclosure.

Where can investors see CBL International’s detailed announcement about the Nasdaq notice?

The company issued a press release on August 15, 2025 about the Nasdaq notice, and that release is included as Exhibit 99.1 to this report and incorporated by reference.
CBL International Limited

NASDAQ:BANL

BANL Rankings

BANL Latest News

BANL Latest SEC Filings

BANL Stock Data

8.65M
5.15M
81.29%
0.83%
0.03%
Oil & Gas Midstream
Energy
Link
Malaysia
Kuala Lumpur