6-K - GCL Global Holdings Ltd Warrants | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

GCL Global Holdings Ltd received a Nasdaq deficiency notice dated March 17, 2026, indicating its ordinary shares closed below $1.00 for 30 consecutive business days from February 2 to March 16, 2026, violating Nasdaq Listing Rule 5450(a)(1). The Company has 180 calendar days until September 14, 2026, to regain compliance by achieving $1.00 closes for 10 consecutive business days, with no immediate effect on listing or trading.

Key Takeaways

1Nasdaq notice dated March 17, 2026, for Minimum Bid Price Rule violation

2Bid price below $1.00 per share for 30 consecutive business days: February 2, 2026 to March 16, 2026

3Compliance Period: 180 calendar days until September 14, 2026

4Regain compliance if closing bid at $1.00 for minimum 10 consecutive business days

5Possible transfer to Nasdaq Capital Market for additional 180 days until March 15, 2027

6No immediate effect on listing or trading of ordinary shares

Current Report Details

Event Type

Securities Issuance

Disclosure

Voluntary

Variant

6-K

Items Reported

6-K

Current Report on Form 6-K

Securities Issuance

$1.00$1.00

Exhibits (2)

6-K

REPORT OF FOREIGN PRIVATE ISSUER

99.1

PRESS RELEASE, DATED MARCH 23, 2026