- Linkage Global Inc (LGCB, Financial) has regained compliance with Nasdaq's minimum bid price requirement.
- The company maintained a share price at or above $1.00 for 10 consecutive business days.
- Nasdaq has confirmed the company's compliance, closing the matter.
Linkage Global Inc (LGCB), a cross-border e-commerce integrated service provider, has announced its regained compliance with the Nasdaq's minimum bid price requirement. This compliance follows a period during which the company's Class A ordinary shares sustained a closing bid price of $1.00 or greater for 10 consecutive business days between April 7 and April 22, 2025.
The announcement comes after Linkage Global initially received a notice from Nasdaq on October 31, 2024, notifying them of non-compliance due to their share prices falling below the required $1.00 for 30 consecutive business days. Nasdaq granted the company a 180-calendar-day period, until April 29, 2025, to restore compliance.
Headquartered in Japan, Linkage Global specializes in cross-border e-commerce services and maintains operations across Japan, Hong Kong, and mainland China. The company successfully met Nasdaq's listing requirements, and the Nasdaq Listing Qualifications Department has now closed the compliance case.
