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Global Engine Group Holding Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement

Globe Newswire•03/11/2026•16:15 ET
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Key Highlights

  • ➤GLE regained Nasdaq’s $1.00 minimum bid-price compliance on October 30, 2026
  • ➤Nasdaq’s compliance matter is now closed after the company’s notification
  • ➤GLE had fallen below $1.00 for 30 consecutive business days before notice

HONG KONG, Nov. 03, 2026 (GLOBE NEWSWIRE) -- Global Engine Group Holding Limited (Nasdaq: GLE) (the “Company” or “GLE”), a Hong Kong-headquartered integrated solutions provider in information communication technologies (“ICT”), today announced that on October 30, 2026, it received a notification letter (the “Letter”) from the Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company has regained compliance with the requirement to maintain a minimum bid price of $1.00 per share of its Class A ordinary shares (“Class A Ordinary Shares”) for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).

As the Company previously announced, on October 27, 2025, the Company received a written notice from Nasdaq, notifying the Company that it was not in compliance with the Minimum Bid Price Requirement, as the closing price of the Class A Ordinary Shares had been below $1.00 per share for the preceding 30 consecutive business days. Pursuant to the receipt of the Letter on October 30, 2026 notifying the Company of its regaining of compliance with the Minimum Bid Price Requirement, this matter is now closed.

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