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 May 2026
Commission
File Number: 001-42734
Ten-League
International Holdings Limited
c/o
7 Tuas Avenue 2, Singapore 639447
(Address
of principal executive offices)
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 ☐
INFORMATION
CONTAINED IN THIS FORM 6-K REPORT
As
previously disclosed in the Current Reports on Form 6-K of Ten-League International Holdings Limited (the “Company”) filed
with the U.S. Securities and Exchange Commission on September 12, 2025 and March 16, 2026, the Company received a notification letter
from the Listing Qualifications staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) on September 9,
2025, notifying the Company that the minimum closing bid price per share for its Class A ordinary shares was below $1.00 for a period
of 30 consecutive business days and, as a result, the Company did not meet the minimum bid price requirement as set forth in Nasdaq Listing
Rule 5550(a)(2) (the “Bid Price Requirement”). Nasdaq provided the Company with a 180-calendar-day compliance period, or
until March 9, 2026, to regain compliance.
On
March 10, 2026, the Company received a delist determination from Nasdaq stating that, since the Company had not regained compliance with
the Bid Price Requirement by March 9, 2026, the Company’s securities were subject to delisting unless the Company timely requested
a hearing before an independent Hearings Panel (the “Panel”). In response to the determination, the Company submitted a hearing
request, which stayed any suspension or delisting action at least pending the hearing and the issuance of the Panel decision following
the hearing on April 16, 2026.
On
May 12, 2026, the Company received a letter confirming that the Panel had granted the Company’s request for continued listing on
Nasdaq on the condition that the Company demonstrate compliance with the Bid Price Requirement by May 15, 2026.
On
May 26, 2026, the Company was formally notified by Nasdaq that the Company had regained compliance with the Bid Price Requirement. The
compliance determination further stated that the Company remains subject to a Mandatory Panel Monitor through May 26, 2027. If within
the one-year monitor period the Company fails to evidence a closing bid price of $1.00 per share for 30 consecutive business days, the
Company will not be afforded a grace period otherwise available under the Nasdaq Listing Rules; rather, Staff will issue a delist determination,
at which time the Company may request a new hearing before the Panel. In such event, the Company’s request for a hearing would
stay any further suspension or delisting action by the Staff at least pending the Panel hearing and the expiration of any extension period
that may be provided by the Panel following the hearing.
On
June 1, 2026, the Company issued a press release announcing that it has regained compliance with the Bid Price Requirement. A
copy of the press release is attached hereto as Exhibit 99.1.
EXHIBIT
INDEX
| Exhibit
No. |
|
Description |
| 99.1 |
|
Press
Release dated June 1, 2026, titled “[—]” |
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.
| |
Ten-League
International Holdings Limited |
| |
|
|
| Date:
June 1, 2026 |
By: |
/s/
Jison Lim |
| |
Name: |
Jison
Lim |
| |
Title: |
Director
and Chairman |
Exhibit
99.1
Ten-League
International Holdings Limited Regains Compliance with Nasdaq Bid Price Requirement
SINGAPORE,
June 1, 2026 (GLOBE NEWSWIRE) — Ten-League International Holdings Limited (Nasdaq: TLIH) (the “Company” or
“Ten-League”), a Singapore-based provider of turnkey project solutions, today announced that on May 26, 2026, it
received a letter (the “Compliance Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”) informing the
Company that it has regained compliance with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule
5550(a)(2) (the “Minimum Bid Price Rule”).
The
Compliance Letter further stated that the Company remains subject to a Mandatory Panel Monitor through May 25, 2027. If within the one-year
monitor period the Company fails to evidence a closing bid price of $1.00 per share for 30 consecutive business days, the Company will
not be afforded a grace period otherwise available under the Nasdaq Listing Rules; rather, the Listing Qualifications staff (the “Staff”)
of Nasdaq will issue a delist determination, at which time the Company may request a new hearing before the Hearings Panel (the “Panel”).
As
previously disclosed, on March 10, 2026, the Company received a Staff Determination from the Staff stating that the Nasdaq Staff has
determined that the Company’s securities would be subject to delisting from The Nasdaq Capital Market as a result of the Company’s
non-compliance with the Minimum Bid Price Rule, unless the Company timely requests a hearing before the Panel. Accordingly, the Company
timely requested a hearing before the Panel. A hearing on this matter was held on April 16, 2026.
On
May 12, 2026, the Company received a letter from the Panel that the Panel had granted the Company’s request for continued listing
on the condition that the Company demonstrates compliance with the Minimum Bid Price Rule on or before May 15, 2026. The Panel considered
the Company’s strong growth in revenue and net income, as well as the Company’s recent contractual arrangement to deliver
units of electrical terminal tractors and batteries, and its recent completion and delivery of the first battery substation in Singapore.
About
Ten-League International Holdings Limited
Ten-League
International Holdings Limited is a Singapore-based provider of turnkey project solutions. The Company’s business primarily consists
of sales of heavy equipment and parts, heavy equipment rental and provision of engineering consultancy services to port, construction,
civil engineering and underground foundation industries. The equipment is organized into four categories based on their functions and
application scenarios: foundation equipment, hoist equipment, excavation equipment and port machinery. The Company also provides value-added
engineering solutions under engineering consultancy services with the aim to address potential safety issues, enhance reliability and
productivity and allow for customers to evaluate the performance of the equipment, the quality of the work completed and the progress
of their projects. Ten-League’s mission is to provide high-quality equipment, value-added engineering solutions as well as maintenance
and repair through continuous adaptation and application of new technologies. For more information, please visit the Company’s
website: https://ir.ten-league.com.sg/.
Forward-Looking
Statements
Certain
statements in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and
uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes
may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all)
of these statements by the use of words such as “believe”, “plan”, “expect”, “intend”,
“should”, “seek”, “estimate”, “will”, “aim” and “anticipate”
or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking
statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law.
Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you
that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from
the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration
statement and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements and are
advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the
Company’s Annual Reports on Form 20-F, as may be supplemented or amended by the Company’s Reports of a Foreign Private Issuer
on Form 6-K.
For
more information, please contact:
Ten-League
International Holdings Limited
Investor
Relations Department
Email:
ir@ten-league.com.sg
Ascent
Investor Relations LLC
Tina
Xiao
Phone:
+1 646-932-7242
Email:
investors@ascent-ir.com
