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3 E Network Technology Group Limited received notice from Nasdaq on March 27, 2026, that its securities will be delisted due to failure to regain compliance with the $1.00 minimum bid price requirement within the 180-day grace period ending March 24, 2026; the Company intends to appeal, which will temporarily stay delisting.
Key Takeaways
1Nasdaq notified the Company on March 27, 2026, that it failed to meet the $1.00 minimum bid price requirement by March 24, 2026, triggering a delist determination.
2The Company received an initial non-compliance notice on September 25, 2025, after 30 consecutive business days below $1.00 per share.
3The Company plans to file an appeal, which will stay any delisting action and filing of Form 25 pending the hearing panel’s decision.
4If delisted, trading would most likely shift to an over-the-counter market for unlisted securities, potentially reducing liquidity and visibility.