STOCK TITAN

CBL International (Nasdaq: BANL) restores Nasdaq minimum bid price compliance

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

CBL International Limited reports that on August 3, 2026 Nasdaq confirmed the company had regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum $1.00 per share bid price for continued listing, and stated that the compliance matter is closed. This followed an initial deficiency notice on August 12, 2025 and two 180-day compliance periods extending through August 10, 2026.

To address the bid-price deficiency, the company effected a 1-for-13 share consolidation of its Class A and Class B ordinary shares effective July 20, 2026. The Class B shares continue to trade on the Nasdaq Capital Market under the symbol “BANL” with a new CUSIP. CBL International operates as a marine fuel logistics and bunkering facilitation business serving vessels in over 70 major ports worldwide.

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Filing Explained

The 1-for-13 consolidation changed share-count and per-share mechanics, while the report was incorporated into the company’s Form F-3 registration statement.

With the Nasdaq bid-price matter now closed, the July 20, 2026 1-for-13 consolidation reduced the share count and proportionally raised the per-share price for both ordinary-share classes; the split itself does not change company value.

Separately, the report says that, other than Exhibit 99.1, it is incorporated by reference into the company’s Form F-3 registration statement from the date of submission.

Nasdaq minimum bid price $1.00 per share Required under Nasdaq Listing Rule 5550(a)(2) for continued listing
Initial non-compliance period 30 consecutive business days Period when the bid price closed below $1.00 before August 12, 2025 notice
First compliance deadline February 9, 2026 End of initial 180-day period to regain compliance
Extended compliance deadline August 10, 2026 End of additional 180-day extension granted by Nasdaq
Share consolidation ratio 1-for-13 Consolidation of Class A and Class B ordinary shares effective July 20, 2026
Post-consolidation compliance window 20 consecutive business days July 20–31, 2026 period with closing bid at or above $1.00
Ports served over 70 ports Number of major ports where vessel refueling is facilitated
Year established 2015 Year Banle Group, the underlying marine fuel logistics business, was founded
Nasdaq Listing Rule 5550(a)(2) regulatory
"regained compliance with Nasdaq Listing Rule 5550(a)(2)"
share consolidation financial
"the Company effected a 1-for-13 share consolidation"
Share consolidation is a process where a company reduces the total number of its shares by combining multiple existing shares into a smaller number of higher-value shares. This can make each share more expensive and potentially improve the company’s image. For investors, it often means their ownership remains the same, but the value of each share increases, which can influence how the stock is perceived and traded.
reverse stock split financial
"intention to cure the deficiency ... by effecting a reverse stock split"
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.
bunkering facilitator technical
"referred to as a bunkering facilitator in the bunkering industry"
A bunkering facilitator is a firm or individual who arranges and coordinates the refueling of ships, handling scheduling, supplier selection, fuel quality checks, paperwork and local clearance so fuel is delivered safely and on time. Think of them as a travel agent for ship fuel: they connect the vessel, fuel supplier and port services and manage logistics. Their work matters to investors because bunkering affects a shipping company's operating costs, on‑time performance and exposure to fuel‑supply risks and regulatory fines.
ISCC Plus regulatory
"holds the ISCC EU and ISCC Plus certifications"
ISCC PLUS is a third‑party sustainability certification that verifies raw materials and supply chains meet environmental and social criteria for renewable, recycled, or bio-based products. For investors, it signals that a product or supplier has traceable practices and reduced sustainability risks—like a food label for green claims—potentially affecting market access, regulatory compliance, and reputational value.
EcoVadis Silver Medal other
"as well as an EcoVadis Silver Medal"

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FAQ

What did CBL International (BANL) announce about its Nasdaq listing status?

CBL International announced it has regained compliance with Nasdaq Listing Rule 5550(a)(2), confirming its Class B ordinary shares meet the $1.00 minimum bid price requirement for 20 consecutive business days and that Nasdaq considers the bid-price compliance matter closed.

How did CBL International (BANL) regain compliance with Nasdaq's minimum bid price rule?

CBL International regained compliance by implementing a 1-for-13 share consolidation of its Class A and Class B ordinary shares on July 20, 2026, after which the closing bid price stayed at or above $1.00 per share for 20 consecutive business days.

What is Nasdaq Listing Rule 5550(a)(2) mentioned for BANL?

Nasdaq Listing Rule 5550(a)(2) requires listed securities on the Nasdaq Capital Market to maintain a minimum closing bid price of $1.00 per share over a specified period. CBL International had previously fallen below this threshold before curing the deficiency.

What compliance deadlines did CBL International (BANL) face before regaining Nasdaq compliance?

After an August 12, 2025 notice of deficiency, CBL International received an initial 180-day period to February 9, 2026, followed by a second 180-day extension to August 10, 2026 to restore its minimum bid price and maintain Nasdaq listing eligibility.

What business does CBL International (BANL) operate, according to this report?

CBL International is described as a marine fuel logistics company and bunkering facilitator, providing one-stop vessel refueling solutions through local physical suppliers in over 70 major ports across the Asia Pacific region and other global locations.

Did the trading symbol for CBL International (BANL) change after the share consolidation?

Following the 1-for-13 share consolidation effective July 20, 2026, CBL International’s Class B ordinary shares continued trading on the Nasdaq Capital Market under the same symbol “BANL”, but with a new CUSIP number, G1991X133.

 

 

 

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 2026

 

Commission File Number: 001-41657

 

CBL INTERNATIONAL LIMITED

(Exact Name of Registrant as Specified in its Charter)

 

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 of Form 20-F or Form 40-F:

 

Form 20-F ☒ Form 40-F ☐

 

 

 

 

 

 

CBL International Limited Has Regained Compliance with Nasdaq Minimum Bid Price Requirement

 

On August 3, 2026, CBL International Limited, a Cayman Islands exempted company (the “Company”), received a formal notification from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), indicating that the Company had regained compliance with Nasdaq Listing Rule 5550(a)(2) which requires listed securities to maintain a minimum bid price of $1.00 per share (the “Rule”) and this matter was closed.

 

As previously disclosed, the Company received a written notice dated as of August 12, 2025 (“Notice”) from 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 Company was provided 180 calendar days, or until February 9, 2026, to regain compliance with the Nasdaq continued listing requirement. The Company did not regain compliance with the minimum $1.00 bid price per share requirement during the first 180-calendar-day compliance period and submitted a written request to Nasdaq to provide it with an additional 180-day compliance period to cure the deficiency.

 

On February 10, 2026, the Company received a letter from Nasdaq advising that the Company had been granted an additional 180-day extension, or until August 10, 2026, to regain compliance with the minimum bid price requirement. Nasdaq’s determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for listing on Nasdaq, with the exception of the bid price requirement, and the Company’s written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary. On July 20, 2026, the Company effected a 1-for-13 share consolidation of its class A ordinary shares and class B ordinary shares. Beginning with the opening of trading on July 20, 2026, the class B ordinary shares of the Company began to trade on a post-share consolidation basis on the Nasdaq Capital Market under the same symbol “BANL” but under a new CUSIP number of G1991X133.

 

On August 4, 2026, the Company issued a press release announcing the compliance notification from Nasdaq. A copy of the press release is furnished as Exhibit 99.1 to this current report.

 

Incorporation By Reference

 

This current report on Form 6-K (except the Exhibit 99.1) is hereby incorporated by reference into the registration statement of CBL International Limited on Form F-3 (File No. 333-284228), to be a part thereof from the date on which this current report on Form 6-K is submitted and to the extent not superseded by documents or reports subsequently filed or furnished.

 

Exhibit Index

 

Exhibit No.   Description
99.1   Press Release: CBL International Announces Regaining Compliance with Nasdaq Minimum Bid Price Requirement

 

2

 

 

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
     
Date: August 4, 2026 By: /s/ Teck Lim Chia
    Teck Lim Chia
    Chief Executive Officer

 

3

 

 

Exhibit 99.1

 

 

CBL International Announces Regaining Compliance with Nasdaq Minimum Bid Price Requirement

 

KUALA LUMPUR, Malaysia, August 4, 2026 — CBL International Limited (“CBL International”) and its subsidiaries (collectively, the “Company,” “we,” “us,” or “our company”) (Nasdaq: BANL), an established marine fuel logistics company providing one-stop solution for vessel refueling, today announced that on August 3, 2026, the Company received a formal notification letter from the Nasdaq Listing Qualifications Department confirming that the Company has regained compliance with the minimum bid price requirement for continued listing on The Nasdaq Stock Market.

 

Previously on August 12, 2025, Nasdaq notified the Company that its listed securities failed to maintain a minimum closing bid price of $1.00 per share over the previous 30 consecutive business days, as required by the Nasdaq Listing Rule 5550(a)(2). The Company was provided 180 calendar days, or until February 9, 2026, to regain compliance with the Nasdaq continued listing requirement. On February 10, 2026, the Company received a letter from Nasdaq advising that the Company had been granted an additional 180-day extension, or until August 10, 2026, to regain compliance with the minimum bid price requirement. Nasdaq’s determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for listing on Nasdaq, with the exception of the bid price requirement, and the Company’s written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary. On July 20, 2026, the Company effected a 1-for-13 share consolidation of its Class A ordinary shares and Class B ordinary shares. Beginning with the opening of trading on July 20, 2026, the Class B ordinary shares of the Company began to trade on a post-share consolidation basis on the Nasdaq Capital Market under the same symbol “BANL” but under a new CUSIP number of G1991X133.

 

The recent notification from Nasdaq indicated that for the 20 consecutive business days, from July 20, 2026 to July 31, 2026, the closing bid price of the Company’s Class B ordinary shares was at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and Nasdaq has stated that this matter is now closed.

 

About CBL International Limited

 

CBL International Limited (Nasdaq: BANL) is the listing vehicle of Banle Group, a reputable marine fuel logistics company based in the Asia Pacific region that was established in 2015. We are committed to providing customers with one-stop solution for vessel refueling, which is referred to as a bunkering facilitator in the bunkering industry. We facilitate vessel refueling mainly through local physical suppliers in over 70 major ports covering Australia, Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Netherlands, Panama, the Philippines, Singapore, Taiwan, Thailand, Turkey, and Vietnam. While the Group’s primary focus remains on its established bunkering facilitation services, it has taken a measured step to broaden its presence in the sustainable energy supply chain through the distribution of sustainable fuel materials and biofuel supply. The Group actively promotes the use of alternative fuels and holds the ISCC EU and ISCC Plus certifications, as well as an EcoVadis Silver Medal. For more information about our company, please visit our website at https://www.banle-intl.com.

 

Forward Looking Statements

 

Certain statements in this announcement constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. 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 “may”, “could”, “will”, “should”, “would”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict”, “potential”, “project” or “continue” or the negative of these terms or other comparable terminology. 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 financial results filings with the U.S. Securities and Exchange Commission.

 

CONTACTS

 

CBL International Limited

 

Investor Relations Department

 

Email: investors@banle-intl.com

 

 

 

Filing Exhibits & Attachments

2 documents