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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
More on SKK Holdings Limited
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