STOCK TITAN

WF Holding (WFF) restores Nasdaq listing compliance after 1-for-5 reverse split

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

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.

Minimum bid requirement $1.00 closing bid price Nasdaq Listing Rule 5550(a)(2) threshold
Non-compliance period 30 business days Below $1.00 from September 15 to October 27, 2025
Compliance window 180 calendar days Cure period ending April 27, 2026
Reverse split ratio 1-for-5 Reverse share split implemented April 13, 2026
Days at or above $1.00 11 business days From April 13 to April 27, 2026, restoring compliance
Nasdaq Listing Rule 5550(a)(2) regulatory
"compliance with the $1.00 closing bid price requirement under Nasdaq Listing Rule 5550(a)(2)"
closing bid price requirement financial
"not in compliance with the $1.00 closing bid price requirement under Nasdaq Listing Rule 5550(a)(2)"
180-calendar day period regulatory
"The Company was granted a 180-calendar day period, or until April 27, 2026, to regain compliance"
reverse share split financial
"on April 13, 2026, the Company implemented a 1-for-5 reverse share split"
A reverse share split is when a company reduces the number of its shares outstanding by combining multiple shares into one, effectively increasing the price of each share. For investors, this can help improve the company's image or meet stock exchange listing requirements, but it does not change the total value of their investment. It’s similar to turning many small pieces of a puzzle into fewer larger pieces—nothing new is added or lost, just rearranged.
Form 20-F regulatory
"whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

 

 

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: April 2026

 

Commission File Number: 001-42566 

 

WF HOLDING LIMITED
(Translation of registrant’s name into English)

 

Lot 3893, Jalan 4D

Kg. Baru Subang

Seksyen U6, 40150 Shah Alam, Selangor, Malaysia
60-378471828
(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 ☐ 

 

 

 

 

 

 

As previously disclosed, on October 28, 2025, WF Holding Limited (the “Company”) received a written notification from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was not in compliance with the $1.00 closing bid price requirement under Nasdaq Listing Rule 5550(a)(2) for the 30 consecutive business days from September 15, 2025 to October 27, 2025. The Company was granted a 180-calendar day period, or until April 27, 2026, to regain compliance with the minimum bid price requirement, which required that the closing bid price of the Company’s ordinary shares was at least $1.00 per share for at least 10 consecutive business days during the 180-calendar day compliance period.

 

As previously disclosed, on April 13, 2026, the Company implemented a 1-for-5 reverse share split. On April 28, 2026, the Company received a written notification from Nasdaq indicating that the Company has regained compliance with the closing bid price requirement under Nasdaq Listing Rule 5550(a)(2) since the closing bid price of the Company’s ordinary shares was at or above $1.00 for 11 consecutive business days from April 13, 2026 to April 27, 2026.

 

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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: April 30, 2026 WF HOLDING LIMITED
   
  /s/ Chee Hoong Lew
  Name: Chee Hoong Lew
  Title: Chief Executive Officer

 

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FAQ

What did WF Holding Limited (WFF) announce in its April 2026 Form 6-K?

WF Holding Limited announced it has regained compliance with Nasdaq’s minimum bid price rule. After previously falling short, its shares traded at or above $1.00 for 11 straight business days, allowing Nasdaq to confirm the company now meets Listing Rule 5550(a)(2).

Why was WF Holding Limited (WFF) previously non-compliant with Nasdaq rules?

WF Holding Limited became non-compliant because its ordinary shares closed below $1.00 for 30 consecutive business days from September 15 to October 27, 2025. This violated Nasdaq Listing Rule 5550(a)(2), triggering a formal notice and a 180-calendar day period to regain compliance.

How did WF Holding Limited (WFF) regain Nasdaq bid price compliance?

WF Holding regained compliance by implementing a 1-for-5 reverse share split on April 13, 2026. Following the split, its ordinary shares maintained a closing bid price at or above $1.00 for 11 consecutive business days from April 13 to April 27, satisfying Nasdaq’s cure criteria.

What specific Nasdaq rule affects WF Holding Limited’s (WFF) listing?

WF Holding is subject to Nasdaq Listing Rule 5550(a)(2), which requires a minimum $1.00 closing bid price for listed securities. Falling below this threshold for 30 consecutive business days triggers non-compliance, while at least 10 consecutive days at or above $1.00 restores compliance.

What role did the 180-day compliance period play for WF Holding (WFF)?

Nasdaq granted WF Holding a 180-calendar day period, ending April 27, 2026, to cure its bid-price deficiency. Within this window, the company needed at least 10 consecutive business days with a $1.00-or-higher closing bid, which it achieved after its April 13 reverse share split.

What corporate action did WF Holding Limited (WFF) take to support its bid price?

WF Holding implemented a 1-for-5 reverse share split on April 13, 2026. This corporate action consolidated every five ordinary shares into one, increasing the per-share trading price and helping the company meet Nasdaq’s $1.00 minimum closing bid requirement over the necessary consecutive days.