PTL Limited (PTLE) restores Nasdaq $1.00 minimum bid price compliance

Rhea-AI Filing Summary

PTL Limited has regained compliance with Nasdaq’s minimum bid price rule. Nasdaq notified the company on March 13, 2026 that its Class A ordinary shares met the requirement of a minimum $1.00 per share bid price for 10 consecutive business days, from February 27 to March 12, 2026. This closes a prior deficiency that began when the shares traded below $1.00 for 30 consecutive business days in July 2025, removing the immediate risk of delisting tied to this rule.

Positive

• Nasdaq compliance restored: PTL Limited regained compliance with Nasdaq Listing Rule 5550(a)(2) after its Class A ordinary shares traded at or above a $1.00 minimum bid price for 10 consecutive business days, closing the prior deficiency and removing immediate delisting risk tied to this rule.

Negative

• None.

Insights

Equity market structure analyst

PTL removed a Nasdaq bid-price deficiency by sustaining a $1+ share price.

PTL Limited was previously below Nasdaq’s $1.00 minimum bid price for 30 straight business days, triggering a deficiency notice in July 2025. Nasdaq granted two 180-day cure periods, extending the deadline to July 13, 2026 to restore compliance.

Nasdaq has now confirmed the bid price was at or above $1.00 for 10 consecutive business days from February 27 to March 12, 2026, satisfying Listing Rule 5550(a)(2). The deficiency matter is closed, which means continued listing on the Capital Market is no longer at risk specifically for this rule.

Future disclosures in company filings may clarify whether PTL maintains this trading level or faces any new listing-related issues. For now, the company has achieved the required trading threshold within the allowed cure window.

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: 001-42293

PTL Limited

(Translation of registrant’s name into English)

21 Bukit Batok Crescent

#24-71, WCGEGA Tower

Singapore 658065

(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 ☐

PTL Limited Has Regained Compliance with Nasdaq Minimum Bid Price Requirement

On March 13, 2026, PTL Limited (the “Company”) received a formal notification from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share (the “Nasdaq Minimum Bid Price Requirement”).

As previously disclosed, the Company was notified by Nasdaq on July 18, 2025 that the Company was not in compliance with the Nasdaq Minimum Bid Price Requirement because the closing bid price of its Class A ordinary shares was below $1.00 per share for 30 consecutive business days. The Company had been granted a 180-day extension until January 14, 2026 to regain compliance with the Nasdaq Minimum Bid Price Requirement, which period was extended by a second notification received from Nasdaq on January 20, 2026 for an additional 180 calendar days, or until July 13, 2026 to regain compliance.

Nasdaq has now determined that, for the last 10 consecutive business days, from February 27, 2026 to March 12, 2026, the closing bid price of the Company’s Class A ordinary shares was at or above $1.00 per share, and accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and the prior minimum bid price deficiency matter is now closed.

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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.

Date: March 16, 2026	PTL Limited
	By:	/s/ Ying Ying Chow
	Name:	Ying Ying Chow
	Title:	Chief Executive Officer

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FAQ

What did PTL Limited (PTLE) announce in its March 2026 Form 6-K?

PTL Limited announced it has regained compliance with Nasdaq’s minimum bid price rule. Nasdaq confirmed the company’s Class A ordinary shares closed at or above $1.00 for 10 straight business days, formally closing the prior listing deficiency related to Rule 5550(a)(2).

How did PTL Limited (PTLE) regain compliance with Nasdaq’s minimum bid price requirement?

PTL regained compliance after its Class A ordinary shares maintained a closing bid price of at least $1.00 per share for 10 consecutive business days, from February 27 to March 12, 2026. Nasdaq’s Listing Qualifications Staff then issued a formal notice confirming the deficiency was resolved.

Why was PTL Limited (PTLE) previously non-compliant with Nasdaq listing rules?

PTL Limited became non-compliant after the closing bid price of its Class A ordinary shares stayed below $1.00 per share for 30 consecutive business days, as of July 18, 2025. This triggered a Nasdaq deficiency notice under Listing Rule 5550(a)(2) regarding the minimum bid price requirement.

What compliance deadlines did Nasdaq give PTL Limited (PTLE) to fix its bid price issue?

Nasdaq first granted PTL Limited a 180-day period until January 14, 2026 to restore the $1.00 minimum bid price. A second notification on January 20, 2026 extended this cure period by another 180 calendar days, giving the company until July 13, 2026 to regain compliance.

What does closing the Nasdaq bid price deficiency mean for PTL Limited (PTLE) shareholders?

Closing the deficiency means PTL currently meets Nasdaq’s minimum bid price listing standard, reducing the immediate threat of delisting for this specific rule. Continued adherence to the $1.00 minimum bid price and other listing requirements remains important for maintaining the company’s Nasdaq listing status.

Which Nasdaq rule did PTL Limited (PTLE) comply with after the recent notice?

PTL Limited regained compliance with Nasdaq Listing Rule 5550(a)(2), often called the Nasdaq Minimum Bid Price Requirement. This rule requires listed securities on the Nasdaq Capital Market to maintain a minimum bid price of $1.00 per share to avoid a deficiency notice.