WF Holding (WFF) restores Nasdaq listing compliance after 1-for-5 reverse split
Rhea-AI Filing Summary
WF Holding Limited reports that it has regained compliance with Nasdaq’s minimum bid price rule. The company had previously fallen below the $1.00 closing bid price requirement for 30 consecutive business days between September 15 and October 27, 2025.
Nasdaq had granted a 180-day cure period through April 27, 2026. WF Holding implemented a 1-for-5 reverse share split on April 13, 2026, after which its ordinary shares closed at or above $1.00 for 11 consecutive business days from April 13 to April 27, 2026, restoring compliance with Nasdaq Listing Rule 5550(a)(2).
Positive
- Nasdaq compliance restored: The company regained compliance with Nasdaq Listing Rule 5550(a)(2) after its shares closed at or above $1.00 for 11 consecutive business days, resolving a prior minimum bid-price deficiency and preserving its Nasdaq Capital Market listing status.
Negative
- None.
Insights
WF Holding eliminates a Nasdaq bid-price deficiency through a reverse split and sustained price recovery.
WF Holding Limited had been out of compliance with Nasdaq Listing Rule 5550(a)(2) after its share price stayed below $1.00 for 30 consecutive business days in 2025. Nasdaq granted a 180-day window, ending April 27, 2026, to cure this deficiency.
The company executed a 1-for-5 reverse share split on April 13, 2026. Following that action, its ordinary shares closed at or above $1.00 for 11 consecutive business days, allowing Nasdaq to confirm renewed compliance. This development removes the previously disclosed bid-price deficiency and stabilizes the company’s listing status, assuming the shares continue to meet Nasdaq’s ongoing requirements.
Key Figures
Key Terms
Nasdaq Listing Rule 5550(a)(2) regulatory
closing bid price requirement financial
180-calendar day period regulatory
Form 20-F regulatory
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