PS International Group (PSIG) warned by Nasdaq over $35M market value rule
Rhea-AI Filing Summary
PS International Group Ltd. reports it no longer meets Nasdaq Capital Market continued listing standards based on Market Value of Listed Securities. Nasdaq found the company’s MVLS was below US$35,000,000 for 30 consecutive business days from June 30 to August 11, 2026 and noted PSIG also does not satisfy alternative stockholders’ equity or net income tests.
The company has 180 days, until February 8, 2027, to regain compliance by having MVLS at or above US$35,000,000 for at least ten consecutive business days. Shares remain listed and trading under “PSIG” during this period, though failure to comply could lead to a delisting notice, which the company could appeal.
Positive
- None.
Negative
- Nasdaq non-compliance for MVLS: PSIG’s Market Value of Listed Securities stayed below US$35,000,000 for 30 consecutive business days, triggering a Nasdaq deficiency notice and putting continued listing at risk.
- Fails all three continued listing tests: The company does not meet the US$35,000,000 MVLS requirement, the US$2,500,000 stockholders’ equity test, or the US$500,000 net income standard under Nasdaq Rule 5550(b).
- Potential Nasdaq delisting after February 8, 2027: If compliance is not regained within the 180‑day period, PSIG’s securities will be subject to delisting, though the company could appeal to a hearings panel.
Key Figures
Minimum MVLS requirement: US$35,000,000
Measurement period length: 30 consecutive business days
Compliance period: 180 calendar days
+4 more
7 metrics
Minimum MVLS requirement
US$35,000,000
Nasdaq Listing Rule 5550(b)(2) threshold for Market Value of Listed Securities
Measurement period length
30 consecutive business days
Period from June 30, 2026 through August 11, 2026 used to assess MVLS
Compliance period
180 calendar days
Time granted under Nasdaq Listing Rule 5810(c)(3)(C) to regain MVLS compliance
Compliance deadline
February 8, 2027
End of the 180-day period to cure the MVLS deficiency
Stockholders’ equity test
US$2,500,000
Alternative Nasdaq continued listing standard under Rule 5550(b)(1)
Net income test
US$500,000
Alternative Nasdaq continued listing standard under Rule 5550(b)(3)
Consecutive days for regained compliance
10 business days
Required period MVLS must be at or above US$35,000,000 within the compliance window
Key Terms
Market Value of Listed Securities, Nasdaq Capital Market, deficiency letter, continued listing standards, +1 more
5 terms
Market Value of Listed Securities financial
"based upon the Company’s market value of listed securities (“MVLS”)"
The market value of listed securities is the total worth of stocks, bonds and other tradable instruments quoted on an exchange, measured using the prices investors are willing to pay right now. It’s calculated by multiplying each security’s current market price by the number of units outstanding and adding those amounts together, like totaling the value of every item in a store at today’s prices. Investors watch this because it shows the size, liquidity and overall health of the market or a company’s publicly traded portion, and it influences index weights, fund allocations and perceived risk.
Nasdaq Capital Market market
"required for continued listing on the Nasdaq Capital Market"
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.
deficiency letter regulatory
"it received an official deficiency letter dated August 12, 2026"
continued listing standards regulatory
"other Nasdaq Capital Market continued listing requirements"
Ongoing rules a stock exchange requires a listed company to meet to keep its shares trading publicly, such as minimum share price, market value, timely financial reports, and governance practices. Think of it as a membership checklist for a club: falling short can lead to warnings or removal from the exchange, which can sharply reduce liquidity, investor confidence, and a stock’s value. Investors watch these standards to gauge regulatory risk and the stability of their holdings.
compliance period regulatory
"afforded a period of 180 calendar days, or until February 8, 2027"
A compliance period is a defined stretch of time during which a company must meet specific legal, regulatory, or contractual rules and reporting requirements. Think of it like a scheduled inspection window or a homework deadline: failing to satisfy the rules within that window can trigger fines, restrictions, or extra oversight, so investors watch compliance periods as signals of near-term legal risk, potential costs, and impacts on a company’s operations or cash flow.
FAQ
What Nasdaq compliance issue did PS International Group (PSIG) disclose?
PSIG disclosed it received a Nasdaq deficiency letter for failing to maintain a US$35,000,000 Market Value of Listed Securities over 30 consecutive business days, as required under Nasdaq Listing Rule 5550(b)(2).
What is the compliance deadline Nasdaq gave PS International Group (PSIG)?
Nasdaq granted PSIG a 180-calendar-day compliance period ending February 8, 2027. Within this window, the company must meet Nasdaq’s MVLS standard to avoid its securities becoming subject to delisting.
How can PS International Group (PSIG) regain Nasdaq compliance?
To regain compliance, PSIG’s Market Value of Listed Securities must close at or above US$35,000,000 for at least ten consecutive business days during the 180-day compliance period ending February 8, 2027.
What happens if PS International Group (PSIG) fails to regain compliance by February 8, 2027?
If PSIG does not regain compliance by February 8, 2027, Nasdaq will issue a formal delisting notification. The company would then have the right to appeal the decision to a Nasdaq hearings panel.
Which Nasdaq continued listing standards does PS International Group (PSIG) currently fail?
PSIG fails all three Nasdaq Rule 5550(b) standards: minimum MVLS of US$35,000,000, stockholders’ equity of US$2,500,000, and net income from continuing operations of US$500,000.
AI-generated analysis. How Rhea-AI works. Not financial advice.
