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 June 2026
Commission
File Number: 001-42767
J-Star
Holding Co., Ltd.
(Registrant’s
Name)
7/F-1,
No. 633, Sec. 2, Taiwan Blvd.,
Xitun
District, Taichung City 407,
Taiwan
(R.O.C.)
(Address
of Principal Executive Offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
INFORMATION
CONTAINED IN THIS FORM 6-K REPORT
On
June 15 2026, J-Star Holding Co., Ltd. (the “Company”) issued a press release announcing “J-Star Holding Announces
Receipt of Nasdaq Delisting Determination; Class A Ordinary Shares Expected to Continue Trading Pending Nasdaq Hearings Panel Review”.
The Company has submitted request for an oral hearing before the Nasdaq Hearings Panel (the “Panel”) pursuant to Nasdaq Listing
Rule 5815. The hearing request will stay the suspension of trading or delisting action pending the Panel’s decision. This press
release is furnished herewith as Exhibit 99.1.
Exhibits.
The
following exhibits are being filed herewith:
| Exhibit
No. |
|
Description |
| 99.1 |
|
Press Release, dated June 15, 2026. |
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.
| |
J-Star Holding Co., Ltd. |
| |
|
| |
By: |
/s/
Jing-Bin Chiang |
| |
Name: |
Jing-Bin Chiang |
| |
Title: |
Chief Executive Officer |
| |
|
|
| Date: June 17, 2026 |
|
|
Exhibit 99.1
J-Star
Holding Announces Receipt of Nasdaq Delisting Determination; Class A Ordinary Shares Expected to Continue Trading Pending Nasdaq Hearings
Panel Review
Taichung
City, Taiwan – June 15, 2026 — J-Star Holding Co., Ltd. (Nasdaq: YMAT) (“J-Star” or the
“Company”), today announced that on June 12, 2026, it received a Staff Delisting Determination Letter from the staff of
The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule
5550(a)(2), which requires listed companies to maintain a minimum bid price of $1.00 per share.
As
previously disclosed, the Company received notice from Nasdaq on December 12, 2025, that it was not in compliance with the minimum bid
price requirement and was provided a compliance period through June 10, 2026 to regain compliance and is not eligible for the second
180-day compliance period.
The
Company intends to timely request an oral hearing before the Nasdaq Hearings Panel (the “Panel”) pursuant to Nasdaq Listing
Rule 5815. The hearing request will stay the suspension of trading or delisting action pending the Panel’s decision. Accordingly,
the Company’s Class A ordinary shares are expected to continue trading on the Nasdaq Capital Market under the symbol “YMAT”
during the hearing process.
The
Company intends to submit a plan to the Panel outlining its actions to regain compliance with the Nasdaq listing standards and will request
an exception permitting additional time to regain compliance, as allowed under applicable Nasdaq rules. However, there can be no assurance
that the Panel will grant the Company’s request for continued listing or any additional exception period, or that the Company will
ultimately regain compliance with all applicable Nasdaq listing requirements.
This
announcement is made in accordance with Nasdaq Listing Rule 5810(b), which requires prompt public disclosure of receipt of a delisting
determination.
About
J-Star
J-Star
Holding Co., Ltd. (NASDAQ: YMAT) is a holding company with operations conducted through subsidiaries in Taiwan, Hong Kong, and Samoa
with its headquarters in Taiwan. J-Star’s predecessor group was established in 1970, and has accumulated over 50 years of know-how
in material composites industry. J-Star develops and commercializes the technology on carbon reinforcement and resin systems. With decades
of experience and knowledge in composites and materials, J-Star is able to apply its expertise and technology to design and manufacture
a great variety of lightweight, high-performance carbon composite products, ranging from key structural parts of electric bicycles and
sports bicycles, rackets, automobile parts to healthcare products. The Company is also expanding its advanced materials platform through
strategic initiatives in next-generation energy technologies, including the development of a U.S.-based solid-state battery manufacturing
facility. Visit j-starholding.com and ymacorp.com to learn more.
Forward
Looking-Statements
This
press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking
statements include, but are not limited to, statements regarding the Company’s expectations related to its Nasdaq hearing, the
continued trading of its Class A ordinary shares during the appeal process, its ability to submit and implement a plan to regain compliance
with Nasdaq listing requirements, the outcome of the Nasdaq Hearings Panel review, and the Company’s strategic initiatives, including
the development of its planned U.S. solid-state battery manufacturing facility. These forward-looking statements are based on current
expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially from those expressed
or implied by such statements. Such risks and uncertainties include, among others, the risk that the Nasdaq Hearings Panel may not grant
the Company’s request for continued listing or additional time to regain compliance, that the Company may fail to regain compliance
with applicable Nasdaq listing standards, the Company’s ability to secure financing and execute its strategic initiatives, the
timing and success of its planned manufacturing expansion, market conditions, regulatory developments, and the other risks described
in the Company’s filings with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on
any forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking
statements, except as required by applicable law.
Contact:
Matt
Chesler, CFA
FNK
IR
646-809-2183
investor@j-starholding.com
