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Zenta Group Company Limited Announces Receipt of Nasdaq Notice

Globe Newswire•12/11/2026•08:30 ET
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Key Highlights

  • ➤Nasdaq deficiency notice follows 31 consecutive business days below $1.00 bid price
  • ➤Zenta receives until May 10, 2027, to regain Nasdaq minimum-bid compliance
  • ➤Notice currently has no effect on Zenta’s Nasdaq listing or trading
  • ➤Compliance requires $1.00 closing bid for at least ten consecutive business days

MACAU, Nov. 12, 2026 (GLOBE NEWSWIRE) -- Zenta Group Company Limited (“Zenta Group” or the “Company”) (NASDAQ:ZTG), a Macau-based professional services provider which re-aligned to refocus the Company’s business operations on AI and data solutions, today announced that it has received a written notification (the “Deficiency Letter”) from the staff of the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) dated November 11, 2026, indicating that for the last 31 consecutive business days, the closing bid price of the Company’s Class A ordinary shares (the “Class A Ordinary Shares”) was below the minimum bid price of US$1.00 per share requirement set forth in Nasdaq Listing Rule 5550(a)(2). The Deficiency Letter has no current effect on the listing or trading of the Company’s Class A Ordinary Shares on Nasdaq.

Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company is provided with a compliance period of 180 calendar days, or until May 10, 2027 (the “Compliance Period”), to regain compliance with Nasdaq’s minimum bid price requirement. If at any time during the Compliance Period, the closing bid price of the Company’s Class A Ordinary Shares is at least US$1.00 for a minimum of ten consecutive business days, Nasdaq will provide the Company a written confirmation of compliance and the matter will be closed.

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