FAST TRACK GROUP (NASDAQ: FTRK) faces Nasdaq market value deficiency risk

Rhea-AI Filing Summary

FAST TRACK GROUP reported that it has received a Nasdaq notice that the company no longer meets the exchange’s Market Value of Listed Securities requirement, which calls for a minimum market value of $35 million under Nasdaq Listing Rule 5550(b)(2). The review period ran from June 27, 2025 to August 8, 2025, during which the company’s market value stayed below this threshold.

Nasdaq has granted FAST TRACK GROUP 180 calendar days, until February 9, 2026, to regain compliance. If the company does not meet the requirement by then, its securities would be subject to delisting from Nasdaq. The company states that it is evaluating options and intends to use all reasonable efforts to regain compliance, while cautioning that there is no assurance it will succeed or meet other continued listing standards.

Positive

• None.

Negative

• Nasdaq listing deficiency and delisting risk: FAST TRACK GROUP no longer meets Nasdaq’s $35 million Market Value of Listed Securities requirement under Rule 5550(b)(2) and has until February 9, 2026 to regain compliance, after which its securities may be subject to delisting.

Insights

Equity markets and listing standards analyst

Nasdaq market-value deficiency raises delisting risk for FAST TRACK GROUP.

FAST TRACK GROUP has disclosed that it no longer satisfies Nasdaq’s Market Value of Listed Securities requirement, which mandates a minimum market value of $35 million under Listing Rule 5550(b)(2). Nasdaq’s review period from June 27, 2025 to August 8, 2025 showed the company below this threshold, triggering a formal deficiency notice.

The company has a 180-day grace period, until February 9, 2026, to restore compliance. If it does not, Nasdaq indicates that the company’s securities would be subject to delisting, which could reduce trading liquidity and shift trading to less regulated venues. Management notes it is evaluating options and intends to use all reasonable efforts to comply, but explicitly warns there is no assurance it will regain compliance or meet other continued listing requirements.

From an investor perspective, this introduces elevated listing-status uncertainty over the compliance period ending February 9, 2026. The eventual outcome will depend on whether the company can increase its market value of listed securities above the $35 million threshold and sustain it through Nasdaq’s monitoring.

Form 6-K: How Foreign Companies Report to the SEC →

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: 001-42426

FAST TRACK GROUP

(Registrant’s Name)

12 Mohamed Sultan Road,

#04-01, Singapore 238961

(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 Market Value of Listed Securities Deficiency Letter

On August 11, 2025, FAST TRACK GROUP (the “Company”) received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that based on the review of the Company’s Market Value of Listed Securities (“MVLS”) for the period from June 27, 2025 to August 8, 2025, the Company no longer meets the MVLS requirement of Nasdaq under Nasdaq Listing Rules 5550(b)(2), to maintain a minimum MVLS of $35 million.

Nasdaq has provided the Company with an 180 calendar days compliance period, or until February 9, 2026, in which to regain compliance with Nasdaq MVLS requirement. In the event that the Company does not regain compliance prior to the expiration of the compliance period, Nasdaq will provide notice that the Company’s securities will be subject to delisting.

The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s MVLS requirement. Although the Company will use all reasonable efforts to achieve compliance with Rule 5550(b)(2), there can be no assurance that the Company will be able to regain compliance with that rule or will otherwise be in compliance with other Nasdaq continued listing 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.

	FAST TRACK GROUP
Date: August 13, 2025	By:	/s/ Lim Sin Foo, Harris
	Name:	Lim Sin Foo, Harris
	Title:	Chief Executive Officer, and Director

3

FAQ

What did FAST TRACK GROUP (FTRK) disclose in its latest Form 6-K?

FAST TRACK GROUP disclosed that Nasdaq notified the company it no longer meets the Market Value of Listed Securities requirement, which calls for a minimum of $35 million under Listing Rule 5550(b)(2).

Why is FAST TRACK GROUP (FTRK) out of compliance with Nasdaq rules?

Based on Nasdaq’s review from June 27, 2025 to August 8, 2025, FAST TRACK GROUP’s Market Value of Listed Securities stayed below the required $35 million threshold, putting it out of compliance with Listing Rule 5550(b)(2).

How long does FAST TRACK GROUP (FTRK) have to regain Nasdaq compliance?

Nasdaq granted FAST TRACK GROUP a 180-day compliance period, giving the company until February 9, 2026 to regain compliance with the Market Value of Listed Securities requirement.

What happens if FAST TRACK GROUP (FTRK) does not regain Nasdaq compliance?

If FAST TRACK GROUP does not regain compliance by February 9, 2026, Nasdaq has stated it will provide notice that the company’s securities will be subject to delisting from the exchange.

What steps is FAST TRACK GROUP (FTRK) taking to address the Nasdaq deficiency?

FAST TRACK GROUP states that it is evaluating options to regain compliance and intends to use all reasonable efforts to meet Nasdaq’s Market Value of Listed Securities requirement, though it cautions there is no assurance it will succeed.

Does FAST TRACK GROUP (FTRK) mention other Nasdaq listing requirements?

The company notes there is no assurance it will be able to regain compliance with Rule 5550(b)(2) or be in compliance with other Nasdaq continued listing requirements.