About Springview Holdings Ltd - Ordinary shares (SPHL)
Springview Holdings Ltd is a public company that primarily focuses on providing innovative technology solutions and services aimed at enhancing operational efficiency and productivity across various industries. The company develops and offers advanced software platforms and tools designed to facilitate data management, streamline business processes, and promote digital transformation. Committed to fostering sustainable growth, Springview Holdings collaborates with clients to tailor solutions that address their unique challenges, all while prioritizing customer satisfaction and adapting to the evolving market landscape. Through its comprehensive suite of offerings, the company aims to empower businesses to thrive in an increasingly competitive environment. Read More
Singapore, Oct. 31, 2025 (GLOBE NEWSWIRE) -- As previously reported, on April 25, 2025, Springview Holdings Ltd (Nasdaq: SPHL) (the “Company”) received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) regarding the Company’s failure to comply with Nasdaq Continued Listing Rule 5550(a)(2) (the “Rule”), which requires listed securities to maintain a minimum bid price of $1.00 per share. A failure to comply with Rule 5550(a)(2) exists when listed securities fail to maintain a closing bid price of at least $1.00 per share for 30 consecutive business days. Based on the closing bid price for the last 30 consecutive business days prior to April 25, 2025, the Company failed to meet the aforesaid requirement. Therefore, in accordance with Listing Rule 5810(c)(3)(A), the Company was provided 180 calendar days, or until October 22, 2025, to regain compliance with the Rule.
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