WF International (NASDAQ: WXM) restores compliance with Nasdaq $1 bid rule
Rhea-AI Filing Summary
WF International Limited has regained compliance with Nasdaq’s minimum bid price requirement, meaning its ordinary shares once again meet the $1.00 per share listing standard. Nasdaq confirmed that from June 8 to June 22, 2026, the Company’s closing bid price was at least $1.00 for 10 straight trading days.
Earlier, on December 24, 2025, the Company had been notified it was out of compliance after its shares closed below $1.00 for 30 consecutive business days and was given 180 days, until June 22, 2026, to correct this. Nasdaq has now closed the deficiency matter, and this report is also incorporated by reference into the Company’s existing Form F-3 shelf registration statements.
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Insights
WF International removed an immediate Nasdaq delisting risk by meeting the $1.00 bid price standard.
The notice states that WF International Limited fell below the $1.00 minimum bid price for 30 straight days and was given a 180-day cure period ending on June 22, 2026. This created the possibility of delisting if the price did not recover.
Nasdaq has now determined that the shares traded at or above $1.00 for 10 consecutive days from June 8–22, 2026, restoring compliance with Listing Rule 5550(a)(2) and closing the deficiency. This stabilizes the listing status, though future compliance will still depend on the share price.