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 March 2026
Commission
File Number 001-38490
| |
HIGHWAY HOLDINGS LIMITED |
|
| |
(Translation of Registrant’s Name Into English) |
|
Suite
1801, Level 18
Landmark
North
39
Lung Sum Avenue
Sheung
Shui
| |
New Territories, 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 ☐
Attached
as Exhibit 99.1 to this Report on Form 6-K is the press release issued by the registrant on March 26, 2026.
Exhibit
Index
| Exhibit
No |
|
Description |
| 99.1 |
|
Press Release |
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.
| |
HIGHWAY HOLDINGS
LIMITED |
| |
|
|
| Date: March 26, 2026 |
By |
/s/ ROLAND W. KOHL |
| |
|
Roland W. Kohl |
| |
|
Chief Executive Officer |
Exhibit 99.1
NEWS
RELEASE
Highway
Holdings Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
HONG
KONG – March 26, 2026 – Highway Holdings Limited (Nasdaq: HIHO, the “Company” or “Highway Holdings”)
today announced that on March 17, 2026, Highway Holdings Limited (the “Company”) received a written notification (the “Notification
Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that,
for the preceding 30 consecutive business days, the closing bid price of the Company’s common shares (the “Shares”),
has been below the minimum $1.00 per share requirement for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing
Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).
The
Notification Letter has no immediate effect on the listing or trading of the Shares, which will continue to trade on The Nasdaq Capital
Market under the symbol “HIHO”.
In
accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial compliance period of 180 calendar days, or
until September 14, 2026, to regain compliance with the Minimum Bid Price Requirement (the “Compliance Period”). To regain
compliance, the closing bid price of the Shares must be at least $1.00 per share for a minimum of 10 consecutive business days during
the Compliance Period. If such compliance is demonstrated, Nasdaq will provide the Company with a written confirmation of compliance
and the matter will be closed.
In
the event the Company does not regain compliance with the minimum bid price requirement by September 14, 2026, the Company may be eligible
for an additional 180 calendar day grace period. To qualify, the Company will be required to meet the continued listing requirement for
market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the
bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period,
by effecting a reverse stock split, if necessary, to Nasdaq. If the Company does not qualify for the second compliance period or fails
to regain compliance during the second 180-day period, then Nasdaq will notify the Company of its determination to delist the Company’s
ordinary shares, at which point the Company will have an opportunity to appeal the delisting determination to a Hearings Panel.
The
Company intends to monitor the closing bid price of the ordinary shares and may, if appropriate, consider implementing available options
to regain compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).
About
Highway Holdings Limited
Highway
Holdings is an international manufacturer of a wide variety of quality parts and products for blue chip equipment manufacturers based
primarily in Germany. Highway Holdings’ administrative offices are located in Hong Kong and its manufacturing facilities are located
in Yangon, Myanmar, and Shenzhen, China. For more information visit website www.highwayholdings.com.
Except
for the historical information contained herein, the matters discussed in this press release are forward-looking statements which involve
risks and uncertainties, including but not limited to the Company’s ability to regain compliance with Nasdaq’s rules for
continued listing, market conditions, economic, competitive, governmental, political and technological factors affecting the company’s
revenues, operations, markets, products and prices, and other factors discussed in the company’s various filings with the Securities
and Exchange Commission, including without limitation, the company’s annual reports on Form 20-F.
#
# #
For
further information, please contact:
Global
IR Partners
David
Pasquale
HIHO@globalirpartners.com
New
York Office: +1-914-337-8801
