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.