Delixy Holdings Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement
Key Highlights
- ➤Delixy Holdings (DLXY) regains Nasdaq minimum bid-price compliance ahead of October 20 deadline
- ➤Shares closed at least US$1.00 for 10 consecutive business days
- ➤1-for-5 reverse split preceded post-split trading beginning September 28
- ➤Nasdaq closed the listing-compliance matter after issuing October 13 letter
SINGAPORE, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Delixy Holdings Limited (Nasdaq: DLXY) (the “Company” or “Delixy”), a Singapore-based company engaged in the trading of oil-related products, today announced that it received a letter (the “Compliance Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) on October 13, 2026, notifying the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market.
As previously disclosed, on April 23, 2026, Nasdaq notified the Company that the closing bid price of the Company’s Class A ordinary shares had been below US$1.00 per share for the 30 consecutive business days from March 11, 2026 to April 22, 2026, and that the Company therefore did not meet the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The Company was provided 180 calendar days, or until October 20, 2026, to regain compliance.
Get started
Create a free account to read the full story.