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0 0.00829538061158099 0.00829538061158099 -0.268054651919323 -0.268054651919323 -0.268054651919323 -0.268054651919323 -0.268054651919323
Stock impact report

Oriental Rise Receives Nasdaq Staff Delisting Determination

Oriental Rise Holdings Limited - Ordinary Shares (ORIS) 
Company Research Source: GlobeNewswire
NINGDE, China, April 20, 2026 (GLOBE NEWSWIRE) -- Oriental Rise Holdings Limited (NASDAQ: ORIS) (“Oriental Rise” or the “Company”), an integrated tea supplier in mainland China, today announced that it received a staff determination letter (the “Determination Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on April 15, 2026, notifying the Company that Nasdaq has determined to delist the Company’s ordinary shares from The Nasdaq Capital Market. According to the Determination Letter, Nasdaq determined that the closing bid price of the Company’s listed securities had been below $1.00 per share for the previous 30 consecutive business days and that the Company therefore no longer complies with Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. Nasdaq further stated that, because the Company effected a 1-for-20 reverse stock split on December 30, 2025, the Company is not eli Show less Read more
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