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Hongli Group warned by Nasdaq for low stock price, given 180 days to regain compliance or face delisting.

Market News
10 Jul 2026, 00:00 WIB
PRNewsWire
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Bearish
Hongli Group warned by Nasdaq for low stock price, given 180 days to regain compliance or face delisting.

Hongli Group Inc. received a notice from Nasdaq on July 2, 2026, for not meeting the minimum $1.00 bid price requirement for its Class A shares over 30 consecutive business days. The company has 180 days, until December 29, 2026, to restore its share price above $1.00 or risk delisting from the Nasdaq Capital Market. Hongli may implement a reverse stock split to regain compliance and could be granted an additional 180-day extension if it meets other listing criteria. The company plans to monitor its stock price closely and explore options to meet Nasdaq's standards but cannot guarantee compliance within the deadline.

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