WF Holding Limited regained compliance with Nasdaq's $1.00 minimum bid price requirement following a 1-for-5 reverse share split, satisfying the listing rule through 11 consecutive business days above $1.00.
Key takeaways
Received Nasdaq non-compliance notice on October 28, 2025, for 30 consecutive business days below $1.00 bid price from September 15 to October 27, 2025.
Granted 180-calendar day compliance period until April 27, 2026, to achieve $1.00 closing bid for 10 consecutive business days.
Implemented 1-for-5 reverse share split on April 13, 2026.
Regained compliance as confirmed by Nasdaq on April 28, 2026, with bid price at or above $1.00 for 11 consecutive days from April 13 to April 27, 2026.