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Delixy Holdings regains Nasdaq bid price compliance

Nasdaq closed the compliance matter after DLXY's Class A closing bid was US$1.00 or greater for 10 consecutive business days.

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Form Type
6-K

Rhea-AI Filing Summary

Delixy Holdings Ltd (DLXY) regained compliance with Nasdaq’s minimum bid price requirement, and Nasdaq stated that the matter is now closed. The company received Nasdaq’s notice on October 13, 2026, after its Class A ordinary shares had a closing bid price of US$1.00 per share or greater for 10 consecutive business days, from September 29 through October 12, 2026.

Nasdaq had notified Delixy on April 23, 2026, that its shares had a closing bid price below US$1.00 for 30 consecutive business days, from March 11 through April 22, and granted 180 calendar days, until October 20, to regain compliance. The company effected a 1-for-5 reverse share split of its Class A and Class B ordinary shares; Class A shares began trading on a post-split basis on September 28, 2026.

Insights

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Minimum bid price US$1.00 per share Nasdaq Listing Rule 5550(a)(2) threshold
Compliance period 10 consecutive business days Closing bid price at US$1.00 per share or greater, September 29 through October 12, 2026
Prior below-threshold period 30 consecutive business days March 11 through April 22, 2026
Time allowed to regain compliance 180 calendar days Granted until October 20, 2026
Reverse share split 1-for-5 Class A and Class B ordinary shares; Class A began post-split trading September 28, 2026
Minimum Bid Price Requirement regulatory
"regained compliance with the Minimum Bid Price Requirement"
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.
closing bid price market
"closing bid price ... at US$1.00 per share or greater"
The closing bid price is the last price that a buyer was willing to pay for a security at the end of the trading day. It reflects the final visible demand for the stock — like the last offer someone makes for a used car before a yard closes — and helps investors gauge market interest, set valuations, and mark portfolios to market for that day.
reverse share split financial
"effected a 1-for-5 reverse share split"
A reverse share split is when a company reduces the number of its shares outstanding by combining multiple shares into one, effectively increasing the price of each share. For investors, this can help improve the company's image or meet stock exchange listing requirements, but it does not change the total value of their investment. It’s similar to turning many small pieces of a puzzle into fewer larger pieces—nothing new is added or lost, just rearranged.
Nasdaq Listing Rule 5550(a)(2) regulatory
"minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2)"

FAQ

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Did DLXY regain Nasdaq minimum bid price compliance?

Yes. Nasdaq notified Delixy Holdings Limited on October 13, 2026, that it had regained compliance after its Class A ordinary shares had a closing bid price of US$1.00 per share or greater for 10 consecutive business days, from September 29 through October 12, 2026. Nasdaq stated that the matter was closed.

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Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates

 

 

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 October 2026

 

Commission File Number: 001-42738

 

Delixy Holdings Limited

(Translation of registrant’s name into English)

 

883 North Bridge Road, #04-01

Southbank, Singapore 198785
(Address of principal executive office)

 

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 ☐

 

 

 

 

 

EXPLANATORY NOTE

 

On October 13, 2026, Delixy Holdings Limited (the “Company”) received a letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it has 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 “Minimum Bid Price Requirement”), and that the matter is now closed.

 

As previously disclosed, on April 23, 2026, the Company received a notification letter from Nasdaq stating that the Company’s Class A ordinary shares had failed to maintain a minimum bid price of $1.00 per share for the 30 consecutive business days from March 11, 2026, to April 22, 2026. The Company was granted a compliance period of 180 calendar days, until October 20, 2026, to regain compliance.

 

As previously disclosed in the Company’s report on Form 6-K furnished on September 18, 2026, the Company effected a 1-for-5 reverse share split of its Class A ordinary shares and Class B ordinary shares. The Company’s Class A ordinary shares began trading on a post-split basis on the Nasdaq Capital Market at the opening of trading on September 28, 2026, under the existing symbol “DLXY” and the new CUSIP number G2703G 111.

 

Nasdaq has determined that for the last 10 consecutive business days, from September 29, 2026, to October 12, 2026, the closing bid price of the Company’s Class A ordinary shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with the Minimum Bid Price Requirement, and Nasdaq has stated that the matter is now closed.

 

On October 14, 2026, the Company issued a press release entitled “Delixy Holdings Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement”. A copy of the press release is furnished as Exhibit 99.1 to this report on Form 6-K.

 

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EXHIBIT INDEX

 

Exhibit No.   Description
99.1   Press Release – Delixy Holdings Limited Regains 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.

 

  Delixy Holdings Limited
     
Date: October 14, 2026 By: /s/ Xie, Dongjian
  Name:  Xie, Dongjian
  Title: Executive Chairman, Chief Executive Officer and Executive Director

 

3

 

Exhibit 99.1

 

Delixy Holdings Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement

 

SINGAPORE, October 14, 2026 (GLOBE NEWSWIRE) -- Delixy Holdings Limited (Nasdaq: DLXY) (the “Company” or “Delixy”), a Singapore-based company engaged in the trading of oil-related products, today announced that it received a letter (the “Compliance Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) on October 13, 2026, notifying the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market.

 

As previously disclosed, on April 23, 2026, Nasdaq notified the Company that the closing bid price of the Company’s Class A ordinary shares had been below US$1.00 per share for the 30 consecutive business days from March 11, 2026 to April 22, 2026, and that the Company therefore did not meet the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The Company was provided 180 calendar days, or until October 20, 2026, to regain compliance.

 

On September 28, 2026, the Company’s Class A ordinary shares began trading on a post-split basis following the Company’s previously announced 1-for-5 reverse share split. The Compliance Letter states that the closing bid price of the Company’s Class A ordinary shares has been at US$1.00 per share or greater for the last 10 consecutive business days, from September 29, 2026 to October 12, 2026. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), and Nasdaq has stated that the matter is now closed.

 

About Delixy Holdings Limited

 

Delixy Holdings Limited is a Singapore-based company principally engaged in the trading of oil-related products, including (i) crude oil and (ii) oil-based products such as fuel oil, motor gasoline, additives, gas oil, base oil, asphalt, naphtha (heavy gasoline) and petrochemicals. Operating across multiple countries in Southeast Asia, East Asia, and Middle East, Delixy has established a strong presence in the region’s oil trading markets. While Delixy maintains a diversified portfolio of oil products, crude oil trading represents a core aspect of its business. The Company leverages its strong existing relationships with customers and suppliers as well as deep industry expertise to provide value-added services, including tailored recommendations on optimal trading strategies and shipping and logistical support where required. In addition, the Company’s financing capabilities allow it to extend credit terms to customers while satisfying suppliers’ immediate payment terms. For more information, please visit the Company’s website: https://ir.delixy.com.

 

Forward-Looking Statements

 

Certain statements in this announcement are forward-looking statements. 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 find many (but not all) of these statements by the use of words such as “believe”, “plan”, “expect”, “intend”, “should”, “seek”, “estimate”, “will”, “aim” and “anticipate” or other similar expressions in this press release. 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 annual report on Form 20-F and other filings with the U.S. Securities and Exchange Commission (the “SEC”).

 

For media inquiries, please contact:

 

Delixy Holdings Limited

 

Investor Relations Department

Email: ir@delixy.com

 

Ascent Investor Relations LLC

 

Tina Xiao

Phone: +1-646-932-7242

Email: investors@ascent-ir.com

 

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