ENGS · Energys Group Limited Ordinary Shares

Summary

Energys Group Limited (NASDAQ: ENGS) announced receipt of a Nasdaq determination letter dated March 11, 2026, indicating its ordinary shares' closing bid price was below $1.00 for 30 consecutive business days, resulting in non-compliance with Listing Rule 5550(a)(2). The Company has 180 calendar days until September 7, 2026, to regain compliance by achieving a $1.00 bid price for at least 10 consecutive business days.

Key takeaways

• Determination Letter dated March 11, 2026 from Nasdaq Listing Qualifications Department
• Closing bid price below $1.00 per share for past 30 consecutive business days
• Non-compliance with Nasdaq Listing Rule 5550(a)(2)
• 180 calendar days compliance period ending September 7, 2026
• Compliance achieved if bid price at least $1.00 for minimum 10 consecutive business days
• Potential additional time via reverse stock split if meets other listing standards