GLE · Global Engine Group Holding Limited Ordinary Shares

Global Engine Group Holding Limited (GLE) disclosed that it received a Nasdaq notification on April 29, 2026 granting an additional 180-calendar-day period, until October 26, 2026, to regain compliance with the minimum bid price requirement of $1.00 per share. The company had previously failed to cure the deficiency during the initial 180-day period ending April 27, 2026. Nasdaq's determination was based on the company meeting all other continued listing requirements and its intention to cure via a reverse stock split if necessary. To regain compliance, the company's Class A ordinary shares must close at $1.00 or more for at least 10 consecutive business days. Failure to do so by October 26, 2026 could result in delisting, though the company may appeal to a Nasdaq hearings panel. The company is evaluating options, including a reverse stock split, but there is no assurance of success. This event is material as it directly impacts the company's listing status and shareholder value.