STOCK TITAN

Premium Catering faces Nasdaq noncompliance notice

Premium Catering faces a Nasdaq compliance deficiency for a late interim filing, while interim results show lower revenue but a substantially reduced net loss.

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Premium Catering (Holdings) Ltd (PC) reported that Nasdaq has notified the company it is not in compliance with Nasdaq Listing Rule 5250(c)(1) because it failed to timely file its Form 6-K interim financial report for the fiscal half year ended December 31, 2025. The company has 60 days from the September 4, 2026 delinquency letter to submit a compliance plan, and Nasdaq may grant up to 180 days from the report’s due date, or until December 28, 2026, to regain compliance.

The notice does not immediately affect the listing of Premium Catering’s Class A ordinary shares, which continue trading on the Nasdaq Capital Market under the symbol PC, but the shares will be subject to delisting if compliance is not restored. For the six months ended December 31, 2025, the company generated S$2,055,246 in revenue and recorded a net loss of S$429,085, an improvement from a S$1,404,862 net loss in the prior-year period.

Positive

  • Net loss narrowed significantly, from S$1,404,862 to S$429,085 for the six months ended December 31 year over year, indicating substantially lower operating losses in the latest interim period.

Negative

  • Nasdaq noncompliance and delisting risk: failure to timely file the 2026 Interim Report led to a Nasdaq deficiency notice; shares remain listed for now but will be subject to delisting if the company does not regain compliance within allowed timeframes.
  • Revenue declined from S$2,232,003 to S$2,055,246 for the six months ended December 31 year over year, reflecting lower sales in the latest interim period.

Filing Explained

At December 31, 2025, the filing reports S$971,863 in cash and S$9,154,662 in deposits, prepayments and other receivables.

The filing includes unaudited interim balance-sheet data as of December 31, 2025, adding a snapshot of the company’s resources, obligations, and share capital to the late-report disclosure.

It reports S$971,863 of cash and cash equivalents, alongside S$9,154,662 of deposits, prepayments and other receivables within S$10,297,035 of current assets.

The same balance sheet reports S$1,550,155 of total liabilities and S$9,798,257 of shareholders’ equity. It also records 18,652,750 Class A ordinary shares and 10,547,250 Class B ordinary shares issued and outstanding as of that date.

Compliance response window 60 calendar days Time from September 4, 2026 Nasdaq delinquency letter to submit a compliance plan
Maximum extension period 180 calendar days, until December 28, 2026 Potential time Nasdaq may grant to regain compliance with Listing Rule 5250(c)(1)
Revenue S$2,055,246 For the six months ended December 31, 2025 (unaudited)
Revenue prior-year period S$2,232,003 For the six months ended December 31, 2024 (unaudited)
Net loss S$429,085 For the six months ended December 31, 2025 (unaudited)
Net loss prior-year period S$1,404,862 For the six months ended December 31, 2024 (unaudited)
Total assets S$11,348,411 As of December 31, 2025 (unaudited)
Shareholders’ equity S$9,798,257 As of December 31, 2025 (unaudited)
Nasdaq Listing Rule 5250(c)(1) regulatory
"it no longer complies with Nasdaq Listing Rule 5250(c)(1) (the “Rule”)"
Nasdaq Listing Rule 5250(c)(1) requires companies listed on the Nasdaq stock exchange to promptly notify the exchange if their stock price falls below a certain minimum level, known as the "initial listing standards." This rule helps ensure that investors are aware of significant declines in a company's stock value, which could signal financial trouble or increased risk. Essentially, it helps maintain transparency and protect investors by keeping them informed about important changes in a company's stock performance.
Compliance Plan regulatory
"60 calendar days from receipt of the notice to submit to Nasdaq a plan to regain compliance with the Rule (the “Compliance Plan”)"
A compliance plan is a company's documented roadmap of rules, procedures and checks designed to ensure it follows laws, industry rules and internal policies. Think of it as an instruction manual and regular checklist that helps prevent costly mistakes, fines or business disruptions by flagging problems early and guiding corrective action. Investors watch these plans because a clear, enforced plan lowers legal and reputational risk and indicates stronger management and governance.
interim balance sheet financial
"file a Form 6-K containing an interim balance sheet and income statement"
An interim balance sheet is a snapshot of a company's financial position prepared for a period shorter than a full fiscal year, typically quarterly or monthly; it lists what the company owns, what it owes, and the residual interest of owners at that point in time. Investors use it like a quick photo to track changes in cash, debt and net worth between annual reports, helping assess short-term liquidity, solvency and whether trends seen in annual statements are continuing or reversing.
operating lease right-of-use assets financial
"Operating lease right-of-use assets | | | 677,711"
An operating lease right-of-use (ROU) asset is an accounting entry that shows the value of a leased item you have the legal right to use—like a building, vehicle, or equipment—recorded on a company’s balance sheet along with the corresponding lease obligation. Investors care because it adds to reported assets and liabilities, changing measures like leverage and return on assets much like bringing a long-term rental onto the company’s financial snapshot, which can affect credit terms and valuation.
weighted average number of Shares outstanding financial
"Weighted average number of Shares outstanding | | | 21,650,000"
The weighted average number of shares outstanding is the average count of a company's shares available during a reporting period, adjusted for any issues, buybacks, or other changes so each day’s share count is weighted by how long it applied. Investors use it to calculate per-share measures like earnings per share, because it ensures profits or losses are divided by a fair, time-adjusted share base — like averaging how many people occupied a room across a meeting to get a per-person cost.
forward-looking statements regulatory
"Certain of the statements made in this press release are “forward-looking statements”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why did Premium Catering (PC) receive a Nasdaq deficiency notice?

Premium Catering received a Nasdaq letter dated September 4, 2026 because it did not timely file its Form 6-K interim report containing a balance sheet and income statement for the fiscal half year ended December 31, 2025, violating Nasdaq Listing Rule 5250(c)(1).

Does the Nasdaq notice immediately affect trading of PC shares?

No. The company states the delinquency letter has no immediate impact on the listing of its Class A ordinary shares, which continue trading on the Nasdaq Capital Market under the symbol PC. Shares would be subject to delisting only if compliance is not regained.

How long does Premium Catering (PC) have to regain Nasdaq compliance?

Premium Catering has 60 calendar days from the September 4, 2026 delinquency letter to submit a compliance plan. If Nasdaq accepts it, the company may receive up to 180 days from the interim report’s due date, or until December 28, 2026, to regain compliance.

What were Premium Catering’s interim revenues and net loss for the latest period?

For the six months ended December 31, 2025, Premium Catering reported revenue of S$2,055,246 and a net loss of S$429,085, compared with revenue of S$2,232,003 and a net loss of S$1,404,862 for the same period a year earlier.

What is Premium Catering’s financial position as of December 31, 2025?

As of December 31, 2025, Premium Catering reported total assets of S$11,348,411, total liabilities of S$1,550,155, and shareholders’ equity of S$9,798,257, based on its unaudited interim balance sheet included with the report.

What business does Premium Catering (PC) operate?

Premium Catering is a Singapore-based certified Halal food caterer founded in 2012. It primarily supplies budget-prepared meals to foreign workers in dormitories and to customers in the construction, marine, and manufacturing industries.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

 

 

 

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 September , 2026

 

Premium Catering (Holdings) Limited

(Translation of regustrants name into English)

 

6 Woodlands Walk,

Singapore 738398

(Address of Principal Executive Office)

 

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

 

 

 

 

 

 

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

 

On September 9, 2026, Premium Catering (Holdings) Limited (the “Company” or the “Registrant”) issued a press release announcing that, on September 4, 2026, the Company received a notice (the “Delinquency Letter”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) stating that, because the Company not yet filed a Form 6-K containing an interim balance sheet and income statement as of the end of its second quarter for its fiscal half year ended December 31, 2025 (the “2026 Interim Report”), it no longer complies with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires that listed companies timely file all required periodic financial reports with the Securities and Exchange Commission. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

The Company has 60 calendar days from receipt of the notice to submit to Nasdaq a plan to regain compliance with the Rule (the “Compliance Plan”). If Nasdaq accepts the Compliance Plan, then Nasdaq may grant the Company an exception of up to 180 calendar days from the 2026 Interim Report’s due date, or until December 28, 2026.

 

In determining whether to accept the Company’s Compliance Plan, the Staff will consider such things as the likelihood that the 2026 Interim Report, along with any subsequent periodic filing that will be due, can be made within the 180 day period, the Company’s past compliance history, the reasons for the late filing, other corporate events that may occur within the Staff’s review period, the Company’s overall financial condition and its public disclosures. If Nasdaq does not accept the Compliance Plan, then the Company will have the opportunity to appeal that decision to a Nasdaq Hearings Panel.

 

The Company intends to submit a Compliance Plan and file the 2026 Interim Report within the time periods specified above.

 

The Delinquency Letter has no immediate impact on the listing of the Company’s Class A ordinary shares on the Nasdaq Capital Market, which will continue trading under the symbol “PC”. However, if the Company fails to regain compliance with the Rule, the Company’s Class A ordinary shares will be subject to delisting from the Nasdaq.

 

The press release announcing the change in fiscal year is included as Exhibit 99.1 to this report on Form 6-K.

 

Exhibits

 

Exhibit

Number

  Exhibit Description
     
99.1   Press Release dated September 9, 2026

 

 

 

 

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.

 

Date: September 9, 2026Premium Catering (Holdings) Limited
   
 By:/s/ Ka Hei Wong
  Ka Hei Wong
  Chief Financial Officer

 

 

 

 

Exhibit 99.1

 

Premium Catering (Holdings) Limited Receives NASDAQ Notice Related to Late Filing of Its Interim Report

 

New York, NY, Sept. 9, 2026 (GLOBE NEWSWIRE) — Premium Catering (Holdings) Limited (NASDAQ: PC, or the “Company”), today announced that today announced that it has received a letter from the Nasdaq Stock Market, dated September 4, 2026 (the “Delinquency Letter”), notifying the Company that it is not in compliance with the requirements for continued listing set forth in NASDAQ Listing Rule 5250(c)(1) because it did not timely file its interim report on Form 6-K containing an interim balance sheet and income statement for its fiscal half year ended December 31, 2025 (the “2026 Interim Report”), it no longer complies with Nasdaq Listing Rule 5250(c)(1) (the “Rule”), which requires that listed companies timely file all required periodic financial reports with the Securities and Exchange Commission. In accordance with Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Delinquency Letter to submit a plan to regain compliance with the Rule (the “Compliance Plan”). If Nasdaq accepts the Compliance Plan, Nasdaq may grant the Company an extension until 180 calendar days from the date of the 2026 Interim Report’s due date, or December 28, 2026, to regain compliance. The Company intends to submit the Compliance Plan within the prescribed 60-day period.

 

The Delinquency Letter has no immediate impact on the listing of the Company’s Class A ordinary shares on the Nasdaq Capital Market, which will continue trading under the symbol “PC”. However, if the Company fails to regain compliance with the Rule, the Company’s Class A ordinary shares will be subject to delisting from the NASDAQ.

 

This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.

 

About Premium Catering (Holdings) Limited

 

Premium Catering (Holdings) Limited is a Singapore-based, certified Halal food caterer founded in 2012 that primarily supplies budget-prepared meals to foreign workers in dormitories, construction, marine, and manufacturing industries.

 

Core Business Operations

 

Budget Prepared Meals: Supplies high-volume, 7-day-cycle menu meals tailored to specific cultural and religious dietary needs, featuring Indian (vegetarian and non-vegetarian), Bangladeshi, and Chinese cuisines.

 

Smart Incubators: Utilizes custom-made compartmentalized, heated, and insulated food dispensing units introduced since 2019 for easy meal collection.

 

Buffet & Event Catering: Provides full buffet services for private functions, corporate gatherings, and community events.

 

Dormitory Food Stalls: Operates on-site food stalls and offers ancillary bulk-order delivery services.

 

 

 

 

Safe Harbor Statement

 

Certain of the statements made in this press release are “forward-looking statements” within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this press release include, without limitation, the Company’s submission of a Compliance Plan, the Company’s ability to regain compliance with Nasdaq Listing Rules, the continued listing of the Company’s securities on the Nasdaq, and whether or not Nasdaq accepts any Compliance Plan.. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as “may,” “will,” “anticipate,” “assume,” “should,” “indicate,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “point to,” “project,” “could,” “intend,” “target” and other similar words and expressions of the future.

 

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 20-F for the year ended June 30, 2025 and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

 

Contact Information:

 

Premium Catering (Holdings) Limited

Ka Hei Wong, Chief Financial Officer

Ben.Wong@premium-catering.com.sg

 

 

 

 

   Premium Catering (Holdings) Limited 
   As of   As of   As of 
   June 30, 2025   December 31, 2025   December 31, 2025 
   S$   S$   US$ 
       (Unaudited)   (Unaudited) 
           (Note 3(d)) 
ASSETS               
Current assets:               
Cash and cash equivalents   1,937,987    971,863    755,373 
Accounts receivable, net   358,361    107,817    83,800 
Amount due from related parties   28,195    -    0 
Inventories   24,414    62,693    48,727 
Deposits, prepayments and other receivables   9,150,388    9,154,662    7,115,391 
Total current assets   11,499,345    10,297,035    8,003,291 
                
Non-current assets:               
Property and equipment, net   102,560    373,665    290,429 
Operating lease right-of-use assets   677,711    677,711    526,746 
Deferred offering cost   -    -    - 
Total non-current assets   780,271    1,051,376    817,174 
                
TOTAL ASSETS   12,279,616    11,348,411    8,820,465 
                
LIABILITIES AND SHAREHOLDERS’ EQUITY               
Current liabilities:               
Accounts payables, accruals, and other current   746,192    585,058    454,732 
liabilities               
Amount due to related parties   39,553    223,636    173,819 
Amount due to a shareholder   47,134         - 
Bank borrowings   314,559    -    0 
Lease liabilities   20,628    -    0 
Operating lease payable   260,241    260,241    202,270 
Income tax payable   -         - 
Total current liabilities   1,428,307    1,068,935    830,821 
                
Non-current liabilities:               
Bank borrowings   8,858    63,216    49,134 
Lease liabilities   -    -    0 
Operating lease payable   418,004    418,004    324,890 
Total non-current liabilities   426,862    481,220    374,025 
                
TOTAL LIABILITIES   1,855,169    1,550,155    1,204,846 
                
Commitments and contingencies   -    -    - 
                
Shareholders’ equity               
                
Class A ordinary shares, US$0.0000005 par value, 900,000,000,000 shares authorized, 18,652,750 shares issued and outstanding*   13           
                
Class B ordinary shares, US$0.0000005 par value, 100,000,000,000 shares authorized, 10,547,250 shares issued and outstanding*   7           
Additional paid-in capital   17,910,416    17,965,779    13,963,764 
Accumulated deficits   -7,485,989    -8,167,522    -6,348,144 
Total shareholders’ equity   10,424,447    9,798,257    7,615,620 
                
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY   12,279,616    11,348,412    8,820,466 

 

 

 

 

   Premium Catering (Holdings) Limited 
   For the six-month period ended December 31, 
   2024   2025   2025 
   S$   S$   US$ 
   (Unaudited)   (Unaudited)   (Unaudited) 
           (Note 3(d)) 
Revenues, net   2,232,003    2,055,246    1,597,424 
                
Cost of revenues   (1,599,911)   (1,466,269)   (1,139,646)
Gross profit   632,092    588,977    457,778 
Operating expenses:               
Selling and distribution   (4,727)   (1,591)   (1,236)
General and administrative   (2,070,530)   (1,061,789)   (825,267)
Total operating expenses   (2,075,257)   (1,063,380)   (826,504)
                
Loss from operations   (1,443,165)   (52,336)   (52,336)
                
Other income (expense):               
Interest expense   (56,934)   (8,260)   (41,674)
Government grants   5,284    7,477    3,867 
Other income   89,953    46,100    65,842 
Total other (expense)/income, net   38,303    45,317    28,035 
                
Loss before income taxes   (1,404,862)   (429,085)   (1,028,299)
                
Income tax expense   -    -    - 
                
NET LOSS/COMPREHENSIVE LOSS   (1,404,862)   (429,085)   (1,028,299)
                
Net loss per share attributable to shareholders               
Basic and diluted*   (0.06)   (0.0004)   (0.05)
                
Weighted average number of Shares outstanding               
Basic and diluted*   21,650,000    21,650,000    21,650,000 

 

 

 

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