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[6-K] Global Engine Group Holding Ltd Current Report (Foreign Issuer)

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

Rhea-AI Filing Summary

Global Engine Group Holding Limited reported it received a Nasdaq notice that its Class A ordinary shares are below the $1.00 minimum bid price for 30 consecutive business days, triggering non-compliance with Nasdaq Rule 5550(a)(2). The notice does not immediately affect listing or trading.

The company has 180 calendar days, until April 27, 2026, to regain compliance by achieving a closing bid of at least $1.00 for 10 consecutive business days. If criteria are met, an additional 180-day period may be available. Failure to regain compliance could lead to delisting. The company is monitoring its share price and evaluating options, including a reverse stock split.

Positive

  • None.

Negative

  • None.

Insights

Nasdaq bid-price deficiency with a defined 180-day cure window.

Nasdaq cited non-compliance with the $1.00 minimum bid after 30 consecutive business days below the threshold. Listing and trading remain unaffected by the notice itself, but the company enters a formal remediation period ending on April 27, 2026.

Compliance can be restored by maintaining at least $1.00 closing bid for 10 consecutive business days. An additional 180-day period may be available if other Nasdaq Capital Market standards, including market value of publicly held shares, are met.

The company is evaluating a reverse stock split among options. Actual impact depends on future share-price performance and any corporate actions taken to meet the rule.

 

 

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 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

For the month of October 2025

 

Commission File Number 001-42277

 

Global Engine Group Holding Limited

(Translation of registrant’s name into English)

 

Room C, 19/F, World Tech Centre,

95 How Ming Street, Kwun Tong, Kowloon, Hong Kong 

(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 ☐

 

 

 

 

 

 

NASDAQ Notification Regarding Minimum Bid Price Deficiency

 

On October 27, 2025, Global Engine Group Holding Limited (the “Company”) received written notice (the “Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is not in compliance with Nasdaq Rule 5550(a)(2) (the “Minimum Bid Price Requirement”), as the closing bid price for the Company’s Class A ordinary shares had been below $1.00 per share for the preceding 30 consecutive business days. The Letter is only a notification of deficiency, not of imminent delisting, and has no current effect on the listing or trading of the Company’s Class A ordinary shares.

 

In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days, or until April 27, 2026 (the “Compliance Period”), to regain compliance with the Minimum Bid Price Requirement. To regain compliance with the Minimum Bid Price Requirement, the closing bid price of the Company’s Class A ordinary shares must be at least $1.00 per share for a minimum of 10 consecutive business days at any time prior to the expiration of the Compliance Period. If the Company regains compliance with the Minimum Bid Price Requirement, Nasdaq will provide the Company with written confirmation and will close the matter.

 

If the Company does not regain compliance with the Minimum Bid Price Requirement during the Compliance Period,

the Company may be eligible for an additional 180 calendar day compliance period, provided that on the 180th day of the Compliance Period, it meets the applicable market value of publicly held shares requirement for continued listing and all other applicable initial listing standards for the Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement, and provides written notice of its intention to cure the Minimum Bid Price Requirement deficiency during the extended compliance period.

 

If the Company does not regain compliance with the Minimum Bid Price Requirement by the end of the Compliance Period (as may be extended), the Company’s Class A ordinary shares will be subject to delisting.

 

The Company is monitoring the closing bid price of its Class A ordinary shares and evaluating options to regain compliance with the Minimum Bid Price Requirement, including by effecting 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 Minimum Bid Price Requirement.

 

The Company issued a press release on this development on October 31, 2025, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

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, thereunto duly authorized.

 

Date: October 31, 2025 Global Engine Group Holding Limited
     
  By: /s/ Andrew, LEE Yat Lung
    Andrew, LEE Yat Lung
    Chief Executive Officer

 

2

 

 

EXHIBIT INDEX

 

Exhibit
Number
  Description
99.1   Press Release, dated October 31, 2025

 

3

FAQ

What did GLE disclose about its Nasdaq listing?

GLE received a Nasdaq notice of non-compliance with the $1.00 minimum bid price after 30 consecutive business days below that level.

How long does GLE have to regain compliance?

GLE has 180 calendar days, until April 27, 2026, to regain compliance.

What is required to regain compliance with Nasdaq Rule 5550(a)(2)?

The closing bid must be at least $1.00 per share for 10 consecutive business days within the compliance period.

Can GLE receive more time beyond April 27, 2026?

Yes, an additional 180 days may be available if it meets other Nasdaq Capital Market initial listing standards, excluding the bid price.

What happens if GLE does not regain compliance?

Its Class A ordinary shares would be subject to delisting if compliance is not regained by the end of the period (as may be extended).

What actions is GLE considering to regain compliance?

GLE is monitoring its share price and evaluating options, including a reverse stock split.
Global Engine Group Holding Limited

NASDAQ:GLE

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