Nasdaq flags OSR Holdings (NASDAQ: OSRH) for sub-$1.00 bid price

Rhea-AI Filing Summary

OSR Holdings, Inc. reported that it received a Nasdaq notice on September 5, 2025 stating its common stock no longer meets the exchange’s minimum bid price rule, which requires a closing bid of at least $1.00 per share for 30 consecutive business days. The company’s stock traded below this level for that full period, triggering the deficiency.

The notice does not immediately affect trading, and OSR Holdings’ common stock and warrants will continue to trade on the Nasdaq Capital Market under the symbols OSRH and OSRHW. The company has 180 calendar days, until March 4, 2026, to regain compliance by maintaining a closing bid price of $1.00 or more for at least ten consecutive business days.

If OSR Holdings does not regain compliance by March 4, 2026, it may qualify for an additional 180‑day period if it meets other Nasdaq listing standards and formally notifies Nasdaq of its plan to cure the deficiency, potentially including a reverse stock split. If it cannot secure the extra period or still fails to comply, its securities could be delisted, a decision the company would have the right to appeal. The company states it will monitor its share price and consider options to restore compliance.

Positive

• None.

Negative

• Nasdaq minimum bid price violation: OSR Holdings received a notice that its stock failed to meet the $1.00 minimum bid price for 30 consecutive business days under Rule 5550(a)(2).
• Potential delisting over next compliance periods: If the company cannot restore its bid price above $1.00 for at least ten consecutive days by March 4, 2026 (or any extended period), its securities may ultimately be delisted from the Nasdaq Capital Market.

Insights

Equity markets and listing standards analyst

Nasdaq bid-price deficiency raises delisting risk if OSR Holdings cannot cure by March 4, 2026.

The key development is that OSR Holdings, Inc. received a Nasdaq notice that its common stock no longer satisfies the minimum bid price requirement, after trading below $1.00 per share for 30 consecutive business days. This is a formal compliance breach under Nasdaq Listing Rule 5550(a)(2), which governs continued listing on the Nasdaq Capital Market.

For now, the company’s common shares (OSRH) and warrants (OSRHW) continue to trade normally, and OSR Holdings has an initial 180‑day window, until March 4, 2026, to cure the deficiency by achieving a closing bid of at least $1.00 for a minimum of ten consecutive business days. The filing notes the possibility of an additional 180‑day period if other listing standards are met and the company outlines a plan, which may include a reverse stock split.

If the company ultimately cannot regain compliance, Nasdaq could move to delist the securities, subject to appeal. The filing explicitly states that OSR Holdings intends to monitor its closing bid price and consider available options under the Nasdaq rules, but it does not commit to any specific action such as a reverse split at this stage.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 5, 2025

OSR HOLDINGS, INC.

(Exact Name of Registrant as Specified in Charter)

Delaware		001-41390		84-5052822
(State or Other Jurisdiction		(Commission File Number)		(IRS Employer
of Incorporation)				Identification No.)

10900 NE 4th Street, Suite 2300, Bellevue, WA		98004
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code (425) 635-7700

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common stock, par value $0.0001 per share		OSRH		The Nasdaq Stock Market LLC
Redeemable warrants, exercisable for shares of common stock at an exercise price of $11.50 per share		OSRHW		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On September 5, 2025, OSR Holdings, Inc. (the “Company”) received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2), because the closing bid price of the Company’s common stock has been below $1.00 per share for 30 consecutive business days.

The notice has no immediate effect on the listing or trading of the Company’s securities, which will continue to trade on The Nasdaq Capital Market under the symbols “OSRH” and “OSRHW.” The Company has been provided an initial period of 180 calendar days, or until March 4, 2026, to regain compliance. If at any time during this period the closing bid price of the Company’s common stock is at least $1.00 for a minimum of ten consecutive business days, Nasdaq will provide written confirmation that the Company has regained compliance.

If the Company does not regain compliance by March 4, 2026, it may be eligible for an additional 180-day compliance period, provided that it meets the continued listing requirements for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market (other than the bid price requirement), and provides written notice to Nasdaq of its intent to cure the deficiency, including by means of a reverse stock split if necessary. If the Company is not eligible for the second compliance period, Nasdaq will provide notice that the Company’s securities are subject to delisting, which determination the Company may appeal.

The Company intends to actively monitor the closing bid price of its common stock and will consider available options to regain compliance with the Nasdaq Listing Rules.

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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 hereunto duly authorized.

Dated: September 9, 2025

	OSR HOLDINGS, INC.
	By:	/s/ Kuk Hyoun Hwang
		Name:	Kuk Hyoun Hwang
		Title:	Chief Executive Officer

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FAQ

What did OSR Holdings (OSRH) disclose in this 8-K filing?

OSR Holdings disclosed that Nasdaq notified the company on September 5, 2025 that its common stock no longer meets the minimum bid price requirement, after closing below $1.00 per share for 30 consecutive business days.

Does the Nasdaq notice immediately affect trading in OSRH stock or OSRHW warrants?

No. The notice has no immediate effect on listing or trading. OSR Holdings’ common stock continues to trade under the symbol OSRH and its redeemable warrants under OSRHW on the Nasdaq Capital Market.

How long does OSR Holdings have to regain Nasdaq bid-price compliance?

The company has an initial period of 180 calendar days, until March 4, 2026, to regain compliance. It must achieve a closing bid price of at least $1.00 for a minimum of ten consecutive business days within that window.

Can OSR Holdings (OSRH) get more time beyond March 4, 2026 to fix the bid-price issue?

Yes, it may qualify for an additional 180-day compliance period if it meets all other initial listing standards for the Nasdaq Capital Market, other than the bid-price rule, and submits written notice to Nasdaq of its intent to cure, which may include a reverse stock split.

What happens if OSR Holdings cannot regain Nasdaq compliance?

If OSR Holdings is not eligible for a second 180‑day period or still fails to meet the minimum bid price requirement after any additional time, Nasdaq may notify the company that its securities are subject to delisting, a determination the company could appeal.

What actions does OSR Holdings plan to take regarding the Nasdaq deficiency notice?

The company states that it intends to actively monitor the closing bid price of its common stock and will consider available options to regain compliance with Nasdaq Listing Rules, potentially including measures such as a reverse stock split as referenced in the eligibility discussion.