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Reverse split helps Intelligent Group (NASDAQ: INTJ) meet Nasdaq bid rule

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6-K

Rhea-AI Filing Summary

Intelligent Group Limited reported that it has regained compliance with Nasdaq’s minimum bid price rule, removing a prior risk to its continued listing. Nasdaq confirmed that from February 17 through March 2, 2026, the company’s Class A ordinary shares closed at or above US$1.00 per share for ten consecutive business days.

To cure the earlier minimum bid price deficiency, Intelligent Group effected a 1-for-20 reverse share split on February 17, 2026 (U.S. Eastern Time). With Nasdaq’s written confirmation dated March 3, 2026, the minimum bid price matter is now closed.

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Insights

Nasdaq bid-price compliance is restored after a 1-for-20 reverse split.

Intelligent Group Limited has resolved a Nasdaq minimum bid price deficiency by implementing a 1-for-20 reverse share split and maintaining a closing bid of at least US$1.00 for ten consecutive business days.

This removes the immediate threat of Nasdaq delisting tied to Listing Rule 5550(a)(2). The action mainly affects share price and count mechanics rather than underlying operations, based on the information provided, and positions the stock back within Nasdaq’s continued listing standards as of March 3, 2026.

 

 

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 March 2026

 

Commission File Number: 001-41974

 

Intelligent Group Limited

 

Unit 1203C, Level 12, Admiralty Centre,
Tower 1, 18 Harcourt Road,
Admiralty, Hong Kong

(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

 

 

 

 

 

 

Intelligent Group Limited Has Regained Compliance with Nasdaq’s Minimum Bid Price Requirement

 

Intelligent Group Limited (the “Company”) (NASDAQ: INTJ), today announced that it has received a notification letter (the “Compliance Notice”) from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated March 3, 2026, informing the Company that it has regained compliance with Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).

 

As previously announced, the Company received a notification letter from the Nasdaq dated September 23, 2025, indicating that based on the closing bid price of the Company for the period from August 11, 2025 to September 22, 2025, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of US$1.00 per share. Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company was provided with a compliance period of 180 calendar days, or until March 23, 2026, to regain compliance. If at any time during the 180-day compliance period, the closing bid price of the Company’s Class A ordinary shares is US$1.00 per share or higher for a minimum of ten consecutive business days, the Nasdaq will provide the Company with written confirmation of compliance and the matter will be closed. According to the Compliance Notice, for the last ten consecutive business days, from February 17 through March 2, 2026, the closing bid price of the Company’s Class A has been at US$1.00 per share or greater. Accordingly, the Company has regained compliance with the Minimum Bid Price Requirement, and the matter is closed.

 

Neither this report nor the exhibits constitute an offer to sell, or the solicitation of an offer to buy our securities, nor shall there be any sale of our securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

 

The information in this Form 6-K, including the exhibits shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

 

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INDEX TO EXHIBITS

 

Exhibit Number   Exhibit Title
99.1   Press Release

 

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SIGNATURE

 

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.

 

  INTELLIGENT GROUP LIMITED
     
  By: /s/ Wai Lau
  Name: Wai Lau
  Title: Director and Chairlady of the Board

 

Date: March 6, 2026

 

 

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Exhibit 99.1

 

Intelligent Group Limited Has Regained Compliance with Nasdaq’s Minimum Bid Price Requirement

 

Hong Kong, March 6, 2026 — Intelligent Group Limited (NASDAQ: INTJ) (“we”, or “the Company”) announced that the Company has received a written notification from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated March 3, 2026, informing the Company that it has regained compliance with the Nasdaq Listing Rule 5550(a)(2) (“Minimum Bid Price Requirement”) and the matter is closed.

 

As previously announced, the Company received a notification letter from the Nasdaq dated September 23, 2025, indicating that based on the closing bid price of the Company for the period from August 11, 2025 to September 22, 2025, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of US$1.00 per share (the “Minimum Bid Price Deficiency”). Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company was provided with 180 calendar days, or until March 23, 2026, to regain compliance.

 

To comply with the Minimum Bid Price Requirement, the closing bid price of the Company’s Class A ordinary shares must be US$1.00 per share or higher for a minimum of ten consecutive business days at any time prior to March 23, 2026. Therefore, in order to cure the Minimum Bid Price Deficiency, the Company has effectuated a reverse share split on February 17, 2026 (U.S. Eastern Time) at an exchange ratio of one (1) share for twenty (20) shares.

 

According to the Compliance Notice, the Company evidenced a closing bid price of its Class A ordinary shares at or greater than US$1.00 per share for ten consecutive business days from February 17 through March 2, 2026. Thus, the Company has regained compliance with the Minimum Bid Price Requirement, and the matter is closed.

 

ABOUT INTELLIGENT GROUP LIMITED

 

Intelligent Group Limited has been deeply rooted in Hong Kong for many years and successfully listed on the NASDAQ in March 2024. As a public relations group in Hong Kong to focus on producing financial content, Intelligent Group Limited is committed to providing high-value public relations services to the financial sector, helping listed companies enhance their brand influence through precise “data + content” driven communications. Through close collaboration with over 100 securities firms and more than 150 financial analysts, the company has focused on driving financial institutions, investors, and businesses with efficient content-driven public relations services. Intelligent Group operates in Hong Kong, Guangzhou, and Shenzhen, providing top-tier communications services to leading companies in the Hong Kong and U.S. stock markets.

 

For more information, please visit Intelligent Group’s website: intelligentjoygroup.com

 

For enquiry, please contact Intelligent Group Limited:

 

Annie Lin

 

Phone: (852) 57496688

 

Email: anne.lin@intelligentjoy.com

 

FORWARD-LOOKING STATEMENTS

 

This press release contains forward-looking statements that are based on the management’s current expectations, estimates, and assumptions about future economic conditions, industry performance, company operations, and financial results. These statements are not guarantees of future events or performance and involve a number of risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements due to factors such as changes in economic conditions, market trends, industry developments, and operational factors. There can be no assurance that the expected events or outcomes will occur as anticipated.

 

In the event of any discrepancies with press releases from other sources, this version as published on the Company’s website shall prevail.

 

FAQ

What did Intelligent Group Limited (INTJ) announce in this Form 6-K?

Intelligent Group Limited announced it has regained compliance with Nasdaq’s minimum bid price requirement. Nasdaq confirmed the company’s shares traded at or above US$1.00 for ten consecutive business days, closing a previously disclosed listing deficiency matter.

How did Intelligent Group Limited (INTJ) regain compliance with Nasdaq’s bid price rule?

The company regained compliance by effectuating a 1-for-20 reverse share split on February 17, 2026, and then maintaining a closing bid of at least US$1.00 per share for ten consecutive business days, from February 17 through March 2, 2026.

What Nasdaq rule was Intelligent Group Limited (INTJ) previously deficient under?

Intelligent Group Limited was previously deficient under Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of US$1.00 per share. A prior letter dated September 23, 2025, had notified the company of this minimum bid price deficiency.

When did Nasdaq confirm Intelligent Group Limited (INTJ) is back in compliance?

Nasdaq staff sent a written notification dated March 3, 2026, confirming Intelligent Group Limited had regained compliance with the minimum bid price requirement. The notice stated the company met the ten-day, US$1.00-per-share threshold and that the matter is closed.

What reverse share split did Intelligent Group Limited (INTJ) implement?

To address the minimum bid price deficiency, Intelligent Group Limited implemented a reverse share split at an exchange ratio of one share for twenty shares on February 17, 2026 (U.S. Eastern Time), helping lift the per-share trading price above Nasdaq’s US$1.00 threshold.

Does this Form 6-K from Intelligent Group Limited (INTJ) involve a securities offering?

No. The document specifies that neither the report nor its exhibits constitutes an offer to sell or a solicitation to buy securities. It also notes that any such transactions would require proper registration or qualification under applicable securities laws.

Filing Exhibits & Attachments

1 document