Springview Holdings Ltd Initiates Appeal Following Nasdaq Delisting Notice
Springview Holdings Ltd - Ordinary shares (SPHL)
Company Research
Source: GlobeNewswire
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. On October 24, 2025, the Company received a letter from the Listing Qualificati
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SPHL
News
- Springview Announces 1-for-8 Reverse Share Split Effective December 2, 2025 [Yahoo! Finance]Yahoo! Finance
- Springview announces 1-for-8 reverse share split effective December 2 [Seeking Alpha]Seeking Alpha
- Springview Announces 1-for-8 Reverse Share Split Effective December 2, 2025GlobeNewswire
- Springview (NASDAQ:SPHL) had its "sell (d)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Springview (NASDAQ:SPHL) had its "sell (d)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
SPHL
Sec Filings
- 11/26/25 - Form 6-K
- 10/27/25 - Form 6-K
- 10/21/25 - Form 6-K
- SPHL's page on the SEC website