STOCK TITAN

Armlogi Holding Corp. (BTOC) gains extra time to fix Nasdaq bid price issue

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Armlogi Holding Corp. reports that Nasdaq has approved transferring its common stock listing from The Nasdaq Global Market to The Nasdaq Capital Market, effective at the opening of business on May 8, 2026. This move grants an additional 180-day compliance period, until November 2, 2026, to meet Nasdaq’s minimum $1.00 bid price requirement.

The company previously fell below the $1.00 minimum bid and the $5,000,000 Market Value of Publicly Held Shares threshold. Armlogi is considering options, including a potential reverse stock split, but warns that failure to regain compliance could result in delisting, subject to any appeal.

Positive

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Insights

Armlogi gains more time on Nasdaq but listing risk remains.

Armlogi Holding Corp. has secured approval to move its common stock from The Nasdaq Global Market to The Nasdaq Capital Market. This transfer gives the company an additional 180 days, until November 2, 2026, to restore its share price to Nasdaq’s minimum $1.00 bid requirement.

The filing confirms prior deficiencies: the stock traded below $1.00 for 30 consecutive business days and its Market Value of Publicly Held Shares stayed under $5,000,000 for 30 days. While the company may use a reverse stock split to cure the issue, there is no assurance it will regain or maintain compliance.

If Armlogi does not meet the bid price standard by the end of the Second Compliance Period, Nasdaq can move to delist the shares, although the company would be able to appeal to a hearings panel. Future disclosures in company filings may provide updates on any reverse split decision or compliance status.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Minimum bid price requirement $1.00 per share Nasdaq Listing Rule 5450(a)(1) threshold
Initial compliance period 180 calendar days Until May 6, 2026 to regain bid price compliance
Second compliance period 180 calendar days Additional time to regain bid price compliance until November 2, 2026
MVPHS threshold $5,000,000 Minimum Market Value of Publicly Held Shares for 30 days
Compliance confirmation window 10–20 business days Bid price must close at or above $1.00
Nasdaq Capital Market financial
"transfer the listing of its common stock from The Nasdaq Global Market to The Nasdaq Capital Market"
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.
Minimum Bid Price Requirement financial
"below the minimum $1.00 per share requirement set forth in Nasdaq Listing Rule 5450(a)(1)"
A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.
Market Value of Publicly Held Shares financial
"the Company’s Market Value of Publicly Held Shares (MVPHS) was below $5,000,000 for the previous 30 consecutive business days"
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.
reverse stock split financial
"its intent to regain compliance with the Minimum Bid Price Requirement, including by effecting a reverse stock split, if necessary"
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
delisting financial
"its common stock is subject to delisting. At that time, the Company may appeal"
Delisting occurs when a company's stock is removed from a stock exchange and is no longer available for trading there. This can happen voluntarily or because the company no longer meets the exchange's requirements. For investors, delisting means they can no longer buy or sell shares of that company on the exchange, which may make it more difficult to sell their investments or affect the stock's value.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

May 7, 2026

Date of Report (Date of earliest event reported)

 

Armlogi Holding Corp.

(Exact Name of Registrant as Specified in its Charter)

 

Nevada   001-42099   92-0483179
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification No.)

 

20301 East Walnut Drive North

Walnut, California

  91789
(Address of Principal Executive Offices)   (Zip Code)

 

(888) 691-2911

Registrant’s telephone number, including area code

 

N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock   BTOC   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  

 

 

 

 

  

Item 8.01. Other Events.

 

As previously disclosed on a Current Report on Form 8-K filed by Armlogi Holding Corp. (the “Company”), on November 7, 2025, the Company received a written notice from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the 30 consecutive business days preceding the receipt of the notice, the bid price for the Company’s common stock had closed below the minimum $1.00 per share requirement set forth in Nasdaq Listing Rule 5450(a)(1) for continued listing on The Nasdaq Global Market (the “Minimum Bid Price Requirement”). The Company was provided an initial period of 180 calendar days, or until May 6, 2026, to regain compliance with the Minimum Bid Price Requirement.

 

On March 26, 2026, the Company submitted an application to Nasdaq to transfer the listing of its common stock from The Nasdaq Global Market to The Nasdaq Capital Market, along with a written notification of its intent to regain compliance with the Minimum Bid Price Requirement, including by effecting a reverse stock split, if necessary. The Staff notified the Company in a letter dated May 7, 2026 (the “Second Nasdaq Notice”), that Nasdaq has approved the Company’s application to list its common stock on The Nasdaq Capital Market. Nasdaq’s approval is in part based upon the Company meeting the applicable market value of publicly held shares requirement for continued listing and all other applicable requirements for initial listing on The Nasdaq Capital Market (except for the bid price requirement), the Company’s written notice of its intention to cure the deficiency by effecting a reverse stock split, if necessary, its agreement to the conditions outlined in the Nasdaq Listing Agreement, and additional supporting information provided in its application.

 

The Company’s common stock will be transferred to The Nasdaq Capital Market at the opening of business on May 8, 2026, and the Staff has determined that the Company will be eligible for an additional 180 calendar day period, or until November 2, 2026, to regain compliance (the “Second Compliance Period”). If at any time during this period the bid price of the Company’s common stock closes at or above $1.00 per share for a minimum of ten, and generally not more than 20, consecutive business days, the Staff will provide the Company with written confirmation of compliance and the matter will be closed.

 

In addition, as previously disclosed on a Current Report on Form 8-K filed by the Company, on April 17, 2026, the Company received a notice from Nasdaq notifying the Company that the listing of its common stock was not in compliance with Nasdaq Listing Rule 5450(b)(1)(C) for continued listing on The Nasdaq Global Market, as the Company’s Market Value of Publicly Held Shares (MVPHS) was below $5,000,000 for the previous 30 consecutive business days (the “MVPHS Deficiency”). Upon transfer to The Nasdaq Capital Market, the Company will automatically regain compliance with the MVPHS requirement.

 

The Company intends to continue actively monitoring the bid price for its shares of common stock between now and the expiration of the Second Compliance Period and will consider all available options to resolve the deficiency including a reverse stock split, if necessary. However, there can be no assurance that the Company will be able to regain or maintain compliance with the Nasdaq listing criteria or continue to meet the continued listing requirements of The Nasdaq Capital Market.

 

If the Company does not regain compliance with the minimum bid price requirement by the end of the Second Compliance Period, Nasdaq will notify the Company that its common stock is subject to delisting. At that time, the Company may appeal the Staff’s delisting determination to a Nasdaq hearings panel. However, there can be no assurance that, if the Company receives a delisting notice and appeals the delisting determination, such an appeal would be successful. The Company’s receipt of the Second Nasdaq Notice does not affect the Company’s business, operations or reporting requirements with the U.S. Securities and Exchange Commission.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.   Description
104   Cover Page Interactive Data File (formatted in Inline XBRL).

 

1

 

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 hereunto duly authorized.

 

Date: May 7, 2026

 

  Armlogi Holding Corp.
   
  By: /s/ Aidy Chou
  Name: Aidy Chou
  Title: Chief Executive Officer

 

2

 

FAQ

What Nasdaq action did Armlogi Holding Corp. (BTOC) disclose?

Armlogi disclosed that Nasdaq approved transferring its common stock listing from The Nasdaq Global Market to The Nasdaq Capital Market. This transfer, effective May 8, 2026, grants Armlogi extra time to resolve its bid price deficiency under Nasdaq’s continued listing standards.

Why is Armlogi Holding Corp. at risk of Nasdaq delisting?

Armlogi’s common stock traded below Nasdaq’s $1.00 per share minimum bid price for 30 consecutive business days and its Market Value of Publicly Held Shares fell below $5,000,000 for 30 days. Continued noncompliance with these standards could ultimately lead to delisting from Nasdaq.

How long does Armlogi (BTOC) have to regain Nasdaq bid price compliance?

Armlogi has an additional 180 calendar days, until November 2, 2026, to regain compliance with Nasdaq’s $1.00 minimum bid price requirement. Achieving a closing bid at or above $1.00 for at least ten consecutive business days would generally restore compliance.

What steps might Armlogi Holding Corp. take to meet Nasdaq’s requirements?

Armlogi indicated it will monitor its common stock bid price and consider all available options, including a possible reverse stock split, to cure the deficiency. Any action would aim to raise the share price enough to satisfy Nasdaq’s minimum bid standard.

Did Armlogi automatically fix its MVPHS deficiency by moving markets?

Upon transfer to The Nasdaq Capital Market, Armlogi will automatically regain compliance with the Market Value of Publicly Held Shares requirement. However, it still must resolve the minimum bid price deficiency within the new compliance period to avoid potential delisting.

Does this Nasdaq notice change Armlogi’s business operations or SEC reporting?

The company stated that receiving the Second Nasdaq Notice does not affect its business operations or its reporting obligations with the U.S. Securities and Exchange Commission. The issue relates solely to continued listing standards for its common stock on Nasdaq.

Filing Exhibits & Attachments

3 documents