RAY notified by Nasdaq on $1.00 bid rule; deadline April 13, 2026

Rhea-AI Filing Summary

Raytech Holding Limited received a Nasdaq notice that its ordinary shares failed the Minimum Bid Price Rule after trading below $1.00 for 30 consecutive business days. The shares continue to trade on Nasdaq under “RAY.”

Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days, until April 13, 2026, to regain compliance. Compliance will be restored if the closing bid price reaches at least $1.00 for a minimum of 10 consecutive business days during this period.

If compliance is not achieved by April 13, 2026, the Company may qualify for an additional 180-day grace period by meeting all other initial listing standards for the Nasdaq Capital Market (except the bid price) and by notifying Nasdaq of its plan to cure the deficiency, which may include a reverse stock split.

Insights

Equity market structure analyst

Nasdaq deficiency notice sets a clear 180-day cure path.

The notice reflects a technical listing deficiency: RAY’s bid stayed below $1.00 for 30 straight business days. Trading remains on Nasdaq, so liquidity access is unchanged for now. The primary cure is achieving a closing bid of at least $1.00 for 10 consecutive business days within the 180-day window ending April 13, 2026.

If unmet, a second 180-day period may be available, provided the company meets other initial listing standards and submits a written plan. The filing notes a potential reverse stock split as a cure mechanism. Actual outcomes hinge on market pricing or corporate actions; no timing beyond the stated windows is indicated.

Form 6-K: How Foreign Companies Report to the SEC →

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 October 2025

Commission File Number: 001-42100

RAYTECH HOLDING LIMITED

(Exact name of registrant as specified in its charter)

Unit 609, 6/F, Nan Fung Commercial Centre,

No.19 Lam Lok Street, Kowloon Bay, Hong Kong

(Address of Principal Executive Office)

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 ☐

Raytech Holding Limited (the “Company”) received a notice dated October 14, 2025, from the Listings Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share of its ordinary shares was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”). The Nasdaq notification letter does not result in the immediate delisting of the Company’s ordinary shares, and the ordinary shares will continue to trade uninterrupted under the symbol “RAY.”

Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of one hundred eighty (180) calendar days, or until April 13, 2026 (the “Compliance Period”), to regain compliance with Nasdaq’s minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Company’s ordinary shares is at least $1.00 for a minimum of ten (10) consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed.

In the event the Company does not regain compliance by April 13, 2026, the Company may be eligible for an additional 180 calendar day grace period. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary.

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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.

	Raytech Holding Limited
Date: October 16, 2025	By:	/s/ Tim Hoi Ching
	Name:	Tim Hoi Ching
	Title:	Chief Executive Officer

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FAQ

What did Raytech (RAY) disclose in this update?

Raytech received a Nasdaq notice for falling below the $1.00 minimum bid for 30 consecutive business days; its shares continue trading on Nasdaq.

How long does Raytech (RAY) have to regain Nasdaq bid price compliance?

The Company has 180 calendar days, until April 13, 2026, to regain compliance.

What restores Raytech’s compliance with Nasdaq’s bid price rule?

A closing bid of at least $1.00 for a minimum of 10 consecutive business days during the compliance period.

Can Raytech (RAY) get more time if it misses the first deadline?

Yes, it may receive an additional 180-day grace period if it meets other initial listing standards and submits a written cure plan.

What actions might Raytech (RAY) take to cure the deficiency?

The Company may take steps including a reverse stock split, as referenced, to meet the $1.00 bid price requirement.

Is Raytech (RAY) being delisted now?

No. The notification does not result in immediate delisting; the shares continue to trade under the symbol RAY.