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SKK receives 180-day extension to regain Nasdaq compliance

2025-10-18 04:33

  • SKK (NASDAQ:SKK) announced on Friday that it received a letter from Nasdaq dated, notifying the company that it is eligible for an additional 180-day extension, or until April 13, 2026, to regain compliance.
  • The company announced that its shares will continue to trade uninterrupted under the symbol “SKK” through the 180-day extension.
  • Earlier, the company received an extension for 180 days to maintain a minimum bid price of $1 per share by October 13, 2025, for continued listing on Nasdaq. However, the company was not able to meet the requirement.  
  • The company said it is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement within the current 180-day extension period. 
  • Source: Press Release

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