GCL Announces Receipt of Nasdaq Deficiency Notice Regarding Minimum Bid Price Requirement
GCL Global Holdings Ltd has received a notice from Nasdaq indicating that its ordinary shares have closed below the minimum $1.00 per share requirement for 30 consecutive business days. The company has 180 calendar days to regain compliance with the Minimum Bid Price Rule, and if it fails, it may consider transferring its securities to The Nasdaq Capital Market.
GCL Global Holdings Ltd received a notice from Nasdaq on March 17, 2026. The notice states that the company's ordinary shares have closed below the minimum $1.00 per share requirement for 30 consecutive business days. The company has 180 calendar days to regain compliance. If it fails, it may consider transferring its securities to The Nasdaq Capital Market. This transfer would provide an additional 180 calendar days to regain compliance. The notice has no immediate effect on the listing or trading of the company's ordinary shares.
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