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YY Group regains Nasdaq compliance after reverse stock split

April 16, 2026 8:07 AM

YY Group Holding Limited (NASDAQ: YYGH) received notification from Nasdaq confirming it has regained compliance with the exchange's minimum bid price requirement, the Singapore-based company announced April 16.



The company received a compliance notice dated April 15 from Nasdaq's Listing Qualifications Department stating that YY Group has satisfied Listing Rule 5550(a)(2) and the matter is closed.



YY Group had received a deficiency notice from Nasdaq on October 21, 2025, indicating its Class A ordinary shares had traded below $1.00 per share for 30 consecutive business days. To address the deficiency, the company implemented a 50-for-1 reverse stock split that became effective March 23, 2026.



According to the compliance notice, YY Group's Class A ordinary shares maintained a closing bid price of $1.00 or higher for 16 consecutive business days from March 23 through April 14, 2026, resolving the deficiency.



"We are pleased to have regained Nasdaq compliance and to close this matter," said Mike Fu, CEO of YY Group. "We remain committed to creating long-term value for our shareholders and look forward to updating them as we continue to execute on our strategic priorities."



The company's Class A ordinary shares continue trading on the Nasdaq Capital Market under the symbol "YYGH."



YY Group operates as a technology-enabled platform providing workforce solutions and integrated facility management services across Asia and other regions. The company serves industries including hospitality, logistics, retail and healthcare through its on-demand staffing and facility management verticals.

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