financetom
Business
financetom
/
Business
/
Ten-League Gets Nasdaq Notification Over Minimum Bid Price Deficiency
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Ten-League Gets Nasdaq Notification Over Minimum Bid Price Deficiency
Sep 12, 2025 2:08 PM

04:54 PM EDT, 09/12/2025 (MT Newswires) -- Ten-League International ( TLIH ) said late Friday it received a letter from Nasdaq notifying the company that it is not in compliance with a listing rule requiring a minimum bid price of $1 per share.

The company was notified after its closing bid remained below $1 for 30 consecutive business days from July 25 to Sept. 8.

The notice has no immediate effect on its listing. Ten-League ( TLIH ) said it has until March 9, 2026, to regain compliance and is evaluating options to do so.

Shares of Ten-League International ( TLIH ) were up over 2% in after-hours trading.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Sector Update: Consumer
Sector Update: Consumer
Jan 23, 2025
01:41 PM EST, 01/23/2025 (MT Newswires) -- Consumer stocks were advancing Thursday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.1% and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 0.3%. In corporate news, American Airlines ( AAL ) shares dropped nearly 8%. The company reported Q4 results that exceeded market expectations, but it projected a...
Market Chatter: Uber Rejects Claims of Pricing Disparity in India Based on Phone Model
Market Chatter: Uber Rejects Claims of Pricing Disparity in India Based on Phone Model
Jan 23, 2025
01:42 PM EST, 01/23/2025 (MT Newswires) -- Uber ( UBER ) denied setting ride prices based on the type of phone a user has, following allegations from an Indian government agency, Reuters reported Thursday. The Central Consumer Protection Agency sent a notice to Uber ( UBER ) after India's Minister of Consumer Affairs Pralhad Joshi claimed the company used differential...
Diginex Closes $9.2 Million IPO; Shares Soar
Diginex Closes $9.2 Million IPO; Shares Soar
Jan 23, 2025
01:36 PM EST, 01/23/2025 (MT Newswires) -- Diginex ( DGNX ) said Thursday it has closed its initial public offering of 2.25 million shares at $4.10 per share for gross proceeds of about $9.2 million. The company granted its underwriter, Dominari Securities, a 45-day option to buy up to 337,500 additional shares. Diginex ( DGNX ) shares were advancing more...
Behind $500 billion AI data center plan, US startups jockey with tech giants 
Behind $500 billion AI data center plan, US startups jockey with tech giants 
Jan 23, 2025
SAN FRANCISCO (Reuters) - - This week's announcement by President Donald Trump of a massive private-sector investment to build more AI data centers casts a spotlight on a relatively small and nimble class of cloud computing firms positioned to play a bigger role in the tech sector. On Tuesday, Trump said that ChatGPT creator OpenAI, SoftBank, Oracle  and others will...
Copyright 2023-2026 - www.financetom.com All Rights Reserved