Business
Cre8 Enterprise Limited Regains Compliance with Nasdaq Minimum Bid Price Requirement
Hong Kong, March 04, 2026 (GLOBE NEWSWIRE) -- Cre8 Enterprise Limited (Nasdaq: CRE) (“Cre8” or the “Company”), a Hong Kong-based integrated financial printing
About this update from Cre8 Enterprise Limited
[{"type":"text","content":"Hong Kong, March 04, 2026 (GLOBE NEWSWIRE) -- Cre8 Enterprise Limited (Nasdaq: CRE) (“Cre8” or the “Company”), a Hong Kong-based integrated financial printing service provider, today announced that on March 2, 2026, it has received written notification (the \"Compliance Notice\") from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has regained compliance with the minimum bid price requirement in Nasdaq Listing Rule 5550(a)(2) (\"Minimum Bid Price Requirement\") and the matter is closed. As previously announced, the Company received a written notification from Nasdaq dated October 3, 2025, indicating the Company’s failure to maintain a minimum bid price of US$1.00 per share for 30 consecutive business days under the Minimum Bid Price Requirement. Pursuant to the Nasdaq Listing Rules 5810(c)(3)(A), the Company was provided with 180 calendar days, or until April 1, 2026, to regain compliance. To comply with the Minimum Bid Price Requirement, the closing bid price of the Company's Class A Ordinary Shares must be at least US$1.00 per share for a minimum of 10 consecutive business days at any time prior to April 1, 2026. Therefore, in order to cure the minimum bid price deficiency, the Company has effectuated a reverse stock split of all of the Company’s issued and unissued shares, including the Class A Ordinary Shares and Class B ordinary shares, at an exchange ratio of one (1) share for twelve (12) shares. According to the Compliance Notice, the Company evidenced a closing bid price of its Class A Ordinary Shares at or greater than US$1.00 per share for 10 consecutive business days from February 13 to February 27, 2026. Thus, the Company has regained compliance with the Minimum Bid Price Requirement, and the matter is closed. The Company remains committed to maintaining the highest standards of corporate governance and compliance. The company appreciates the support of its shareholders. About Cre8 Enterprise Limited (NASDAQ: CRE) Cre8 Enterprise Limited provides 24/7 integrated financial printing services for listed companies, IPO applicants and private companies in the finance and capital market in Hong Kong under its brand, “Cre8”. The services cover concept creation and artwork design, typesetting, proofreading, translation, printing, binding, logistics arrangement, upl...