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[6-K] Raytech Holding Ltd Current Report (Foreign Issuer)

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6-K

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.

Raytech Holding Limited ha ricevuto una comunicazione Nasdaq secondo cui le sue azioni ordinarie hanno violato la Regola del Prezzo di Offerta Minimo dopo essere state negoziate al di sotto di $1.00 per 30 giorni lavorativi consecutivi. Le azioni sono ancora negoziate su Nasdaq con il simbolo “RAY”.

Ai sensi della Nasdaq Listing Rule 5810(c)(3)(A), la Società dispone di 180 giorni di calendario, fino al 13 aprile 2026, per ripristinare la conformità. La conformità sarà ripristinata se il prezzo di chiusura dell’offerta raggiunge almeno $1.00 per un minimo di 10 giorni lavorativi consecutivi durante questo periodo.

Se la conformità non viene raggiunta entro il 13 aprile 2026, la Società potrebbe qualificarsi per un ulteriore periodo di grazia di 180 giorni rispettando tutti gli altri standard iniziali di quotazione per il Nasdaq Capital Market (eccetto il prezzo di offerta) e notificando a Nasdaq il piano per sanare la dificienza, che potrebbe includere una divisione azionaria inversa.

Raytech Holding Limited recibió una notificación de Nasdaq de que sus acciones ordinarias no cumplieron la Regla del Precio Mínimo de Oferta después de cotizar por debajo de $1.00 durante 30 días hábiles consecutivos. Las acciones siguen cotizando en Nasdaq bajo “RAY”.

Según la Regla 5810(c)(3)(A) de Listing de Nasdaq, la Compañía tiene 180 días naturales, hasta el 13 de abril de 2026, para volver a cumplir. Se considerará que se ha recuperado el cumplimiento si el precio de cierre de la oferta alcanza al menos $1.00 durante un mínimo de 10 días hábiles consecutivos durante este periodo.

Si no se logra el cumplimiento para el 13 de abril de 2026, la Compañía podría calificar para un periodo de gracia adicional de 180 días si cumple con todos los demás estándares de listado inicial para Nasdaq Capital Market (excepto el precio de la oferta) y notifica a Nasdaq su plan para subsanar la deficiencia, lo que puede incluir un split inverso de acciones.

Raytech Holding Limited은 보통주가 Nasdaq의 최소 호가 규칙을 충족하지 못했다는 통지를 받았으며, 30영업일 연속으로 $1.00 미만으로 거래되었습니다. 주식은 Nasdaq에서 여전히 “RAY”로 거래됩니다.

Nasdaq Listing Rule 5810(c)(3)(A)에 따라 회사는 180일의 달력일을 가지며, 2026년 4월 13일까지 규정 준수를 재획득해야 합니다. 이 기간 동안 마감 호가가 $1.00 이상에 도달하고 최소 10영업일 연속으로 유지되면 규정 준수가 회복됩니다.

만약 2026년 4월 13일까지 규정 준수가 달성되지 않으면, 회사는 Nasdaq Capital Market의 초기 상장 기준의 모든 다른 요건(호가 가격 제외)을 충족하고 Nasdaq에 수정 계획을 통지함으로써 추가 180일의 유예 기간을 받을 수 있으며, 필요 시 역분할을 포함할 수 있습니다.

Raytech Holding Limited a reçu une notification de Nasdaq indiquant que ses actions ordinaires n’ont pas respecté la Règle du Prix d’Offre Minimum après avoir été négociées en dessous de $1.00 pendant 30 jours ouvrables consécutifs. Les actions continuent d’être négociées sur Nasdaq sous le symbole « RAY ».

Conformément à la Nasdaq Listing Rule 5810(c)(3)(A), la société dispose de 180 jours civils, jusqu’au 13 avril 2026, pour retrouver la conformité. La conformité sera rétablie si le cours de clôture de l’offre atteint au moins $1.00 pendant au moins 10 jours ouvrables consécutifs pendant cette période.

Si la conformité n’est pas atteinte d’ici le 13 avril 2026, la société peut se qualifier pour une période de grâce supplémentaire de 180 jours en remplissant tous les autres critères initiaux de cotation pour le Nasdaq Capital Market (à l’exception du prix d’offre) et en informant Nasdaq de son plan de remédiation, qui peut inclure une scission inversée d’actions.

Raytech Holding Limited hat eine Nasdaq-Mitteilung erhalten, dass seine Stammaktien die Minimum Bid Price Rule verletzt haben, nachdem sie 30 zusammenhängende Handelstage lang unter $1.00 gehandelt wurden. Die Aktien werden weiterhin unter dem Ticker „RAY“ an der Nasdaq gehandelt.

Gemäß der Nasdaq Listing Rule 5810(c)(3)(A) hat das Unternehmen 180 Kalendertage, bis zum 13. April 2026, um die Konformität wiederherzustellen. Die Konformität wird wiederhergestellt, wenn der Schlusskurs der Notierung während dieses Zeitraums mindestens $1.00 beträgt und dies für mindestens 10 aufeinanderfolgende Handelstage gilt.

Wenn die Konformität bis zum 13. April 2026 nicht erreicht wird, kann sich das Unternehmen für eine zusätzliche 180-tägige Frist qualifizieren, indem es alle anderen anfänglichen Listing-Standards für Nasdaq Capital Market (mit Ausnahme des Angebotspreises) erfüllt und Nasdaq über seinen Plan zur Behebung der Abweichung informiert; dieser Plan kann eine gegenläufige Aktienteilung (Reverse Stock Split) umfassen.

Raytech Holding Limited تلقت إشعارًا من Nasdaq بأن أسهمها العادية فشلت في قاعدة الحد الأدنى لسعر العرض بعد التداول دون $1.00 لمدة 30 يوم عمل متتالية. الأسهم لا تزال تتداول في Nasdaq تحت الرمز “RAY”.

وفقًا لقاعدة الإدراج 5810(c)(3)(A) من Nasdaq، تمتلك الشركة 180 يومًا تقويميًا، حتى 13 أبريل 2026، لاستعادة الامتثال. سيتم استعادة الامتثال إذا وصل سعر إغلاق العرض إلى ما لا يقل عن $1.00 لمدة 10 أيام عمل متتالية على الأقل خلال هذه الفترة.

إذا لم يتحقق الامتثال بحلول 13 أبريل 2026، قد تستحق الشركة فترة سماح إضافية مدتها 180 يومًا عن طريق تلبية جميع معايير الإدراج الأولية الأخرى لسوق Nasdaq Capital Market (باستثناء سعر العرض) وإبلاغ Nasdaq بخطة معالجة النقص، والتي قد تشمل تقسيمًا عكسيًا للأسهم.

Raytech Holding Limited 收到纳斯达克通知,其普通股在连续 30 个交易日低于 $1.00 的交易价格后,未能符合 最低买入价规则。股票仍在纳斯达克以“RAY”交易。

根据纳斯达克上市规则 5810(c)(3)(A),公司有 180 个日历日,直到 2026 年 4 月 13 日,以重新达到合规。若在此期间收盘价达到至少 $1.00,并且连续达到至少 10 个交易日,则将恢复合规。

如果在 2026 年 4 月 13 日 前未达到合规,公司可通过满足 Nasdaq Capital Market 的其他初始上市标准(不包括出价价格)并通知 Nasdaq 其纠正计划,获得另外 180 天的宽限期,且该计划可能包括一次反向股票拆分(reverse stock split)。

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Insights

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.

Raytech Holding Limited ha ricevuto una comunicazione Nasdaq secondo cui le sue azioni ordinarie hanno violato la Regola del Prezzo di Offerta Minimo dopo essere state negoziate al di sotto di $1.00 per 30 giorni lavorativi consecutivi. Le azioni sono ancora negoziate su Nasdaq con il simbolo “RAY”.

Ai sensi della Nasdaq Listing Rule 5810(c)(3)(A), la Società dispone di 180 giorni di calendario, fino al 13 aprile 2026, per ripristinare la conformità. La conformità sarà ripristinata se il prezzo di chiusura dell’offerta raggiunge almeno $1.00 per un minimo di 10 giorni lavorativi consecutivi durante questo periodo.

Se la conformità non viene raggiunta entro il 13 aprile 2026, la Società potrebbe qualificarsi per un ulteriore periodo di grazia di 180 giorni rispettando tutti gli altri standard iniziali di quotazione per il Nasdaq Capital Market (eccetto il prezzo di offerta) e notificando a Nasdaq il piano per sanare la dificienza, che potrebbe includere una divisione azionaria inversa.

Raytech Holding Limited recibió una notificación de Nasdaq de que sus acciones ordinarias no cumplieron la Regla del Precio Mínimo de Oferta después de cotizar por debajo de $1.00 durante 30 días hábiles consecutivos. Las acciones siguen cotizando en Nasdaq bajo “RAY”.

Según la Regla 5810(c)(3)(A) de Listing de Nasdaq, la Compañía tiene 180 días naturales, hasta el 13 de abril de 2026, para volver a cumplir. Se considerará que se ha recuperado el cumplimiento si el precio de cierre de la oferta alcanza al menos $1.00 durante un mínimo de 10 días hábiles consecutivos durante este periodo.

Si no se logra el cumplimiento para el 13 de abril de 2026, la Compañía podría calificar para un periodo de gracia adicional de 180 días si cumple con todos los demás estándares de listado inicial para Nasdaq Capital Market (excepto el precio de la oferta) y notifica a Nasdaq su plan para subsanar la deficiencia, lo que puede incluir un split inverso de acciones.

Raytech Holding Limited은 보통주가 Nasdaq의 최소 호가 규칙을 충족하지 못했다는 통지를 받았으며, 30영업일 연속으로 $1.00 미만으로 거래되었습니다. 주식은 Nasdaq에서 여전히 “RAY”로 거래됩니다.

Nasdaq Listing Rule 5810(c)(3)(A)에 따라 회사는 180일의 달력일을 가지며, 2026년 4월 13일까지 규정 준수를 재획득해야 합니다. 이 기간 동안 마감 호가가 $1.00 이상에 도달하고 최소 10영업일 연속으로 유지되면 규정 준수가 회복됩니다.

만약 2026년 4월 13일까지 규정 준수가 달성되지 않으면, 회사는 Nasdaq Capital Market의 초기 상장 기준의 모든 다른 요건(호가 가격 제외)을 충족하고 Nasdaq에 수정 계획을 통지함으로써 추가 180일의 유예 기간을 받을 수 있으며, 필요 시 역분할을 포함할 수 있습니다.

Raytech Holding Limited a reçu une notification de Nasdaq indiquant que ses actions ordinaires n’ont pas respecté la Règle du Prix d’Offre Minimum après avoir été négociées en dessous de $1.00 pendant 30 jours ouvrables consécutifs. Les actions continuent d’être négociées sur Nasdaq sous le symbole « RAY ».

Conformément à la Nasdaq Listing Rule 5810(c)(3)(A), la société dispose de 180 jours civils, jusqu’au 13 avril 2026, pour retrouver la conformité. La conformité sera rétablie si le cours de clôture de l’offre atteint au moins $1.00 pendant au moins 10 jours ouvrables consécutifs pendant cette période.

Si la conformité n’est pas atteinte d’ici le 13 avril 2026, la société peut se qualifier pour une période de grâce supplémentaire de 180 jours en remplissant tous les autres critères initiaux de cotation pour le Nasdaq Capital Market (à l’exception du prix d’offre) et en informant Nasdaq de son plan de remédiation, qui peut inclure une scission inversée d’actions.

Raytech Holding Limited hat eine Nasdaq-Mitteilung erhalten, dass seine Stammaktien die Minimum Bid Price Rule verletzt haben, nachdem sie 30 zusammenhängende Handelstage lang unter $1.00 gehandelt wurden. Die Aktien werden weiterhin unter dem Ticker „RAY“ an der Nasdaq gehandelt.

Gemäß der Nasdaq Listing Rule 5810(c)(3)(A) hat das Unternehmen 180 Kalendertage, bis zum 13. April 2026, um die Konformität wiederherzustellen. Die Konformität wird wiederhergestellt, wenn der Schlusskurs der Notierung während dieses Zeitraums mindestens $1.00 beträgt und dies für mindestens 10 aufeinanderfolgende Handelstage gilt.

Wenn die Konformität bis zum 13. April 2026 nicht erreicht wird, kann sich das Unternehmen für eine zusätzliche 180-tägige Frist qualifizieren, indem es alle anderen anfänglichen Listing-Standards für Nasdaq Capital Market (mit Ausnahme des Angebotspreises) erfüllt und Nasdaq über seinen Plan zur Behebung der Abweichung informiert; dieser Plan kann eine gegenläufige Aktienteilung (Reverse Stock Split) umfassen.

 

 

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.

 

1

 

 

 

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.
Raytech Holding Limited

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