Springview Holdings Ltd Faces Delisting from Nasdaq

Springview Holdings Ltd has received a notice from the Nasdaq Stock Market regarding its failure to maintain a minimum bid price of $1.00 per share, as required by Nasdaq Continued Listing Rule 5550(a)(2). The company was initially given 180 days to regain compliance, but as of October 24, 2025, it has failed to meet the requirement. Consequently, Nasdaq has issued a Staff Delisting Determination, and the trading of the company's Class A ordinary shares will be suspended on November 4, 2025. Springview Holdings Ltd intends to appeal this decision to a Hearings Panel, with the hearing request due by October 31, 2025. However, there is no guarantee that the company will be able to regain compliance or meet other Nasdaq listing criteria.