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PTL Limited announces 1-for-80 share consolidation effective Feb. 27

Tue, 24 Feb 2026 07:29:08 -0500

PTL Limited (NASDAQ: PTLE) announced approval of a 1-for-80 share consolidation of its Class A and Class B ordinary shares, effective with market opening on February 27, 2026.

The Hong Kong-based marine fuel logistics company said the consolidation aims to regain compliance with Nasdaq Marketplace Rule 5550(a)(2) and maintain its listing on the Nasdaq Capital Market. Shares will continue trading under the "PTLE" symbol with a new CUSIP number of G7377S127.

Under the consolidation, every 80 outstanding ordinary shares will automatically convert into one share. The company reported 491,237,500 Class A ordinary shares and 11,250,000 Class B ordinary shares outstanding as of

PTL Limited announces 1-for-80 share consolidation effective Feb. 27

Tue, 24 Feb 2026 07:29:08 -0500

PTL Limited (NASDAQ: PTLE) announced approval of a 1-for-80 share consolidation of its Class A and Class B ordinary shares, effective with market opening on February 27, 2026.

PTLE Announces 1-for-80 Share Consolidation

Tue, 24 Feb 2026 07:25:00 -0500

Hong Kong, Feb. 24, 2026 (GLOBE NEWSWIRE) -- PTL Limited (NASDAQ: PTLE) (“PTL” or the “Company”), announces the approval of the proposed 1-for-80 share consolidation of the Class A ordinary shares (“Class A Ordinary Shares”) and Class B ordinary shares (“Class B Ordinary Shares”, together with the Class A Ordinary Shares, the “Ordinary Shares”) of no par value each (the “Share Consolidation”).

Beginning with the opening of trading on February 27, 2026, being the market effective date, the Class A Ordinary Shares will be trading on a post-Share Consolidation basis on the Nasdaq Capital

PTLE Announces 1-for-80 Share Consolidation

Tue, 24 Feb 2026 07:25:00 -0500

Beginning with the opening of trading on February 27, 2026, being the market effective date, the Class A Ordinary Shares will be trading on a post-Share Consolidation basis on the Nasdaq Capital

PTLE Announces 1-for-80 Share Consolidation

Tue, 24 Feb 2026 07:25:00 -0500

Beginning with the opening of trading on February 27, 2026, being the market effective date, the Class A Ordinary Shares will be trading on a post-Share Consolidation basis on the Nasdaq Capital

PTLE Announces 1-for-80 Share Consolidation

Tue, 24 Feb 2026 07:25:00 -0500

Beginning with the opening of trading on February 27, 2026, being the market effective date, the Class A Ordinary Shares will be trading on a post-Share Consolidation basis on the Nasdaq Capital

PTL Limited receives 180-day extension to meet NASDAQ bid price rule

Thu, 22 Jan 2026 07:30:41 -0500

PTL Limited (NASDAQ: PTLE) received an additional 180-day extension from NASDAQ to regain compliance with the minimum $1.00 bid price requirement, the company announced. The extension runs until July 13, 2026.

The Hong Kong-based marine fuel logistics company was initially notified on July 18, 2025, that its stock no longer met NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2). The initial 180-day compliance period ended January 14, 2026, without the company meeting the requirement.

NASDAQ granted the extension based on PTL's compliance with all other listing requirements and the company's written notice of intention to cure the deficiency, including potential use

PTL Limited Granted Additional 180-Day Grace Period to Regain Nasdaq Compliance

Thu, 22 Jan 2026 07:30:00 -0500

Hong Kong S.A.R., Jan. 22, 2026 (GLOBE NEWSWIRE) -- PTL Limited (NASDAQ: PTLE) (“PTL” or the “Company”) announced that it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on January 20, 2026, indicating that the Company is granted an additional 180 calendar days, until July 13, 2026, to regain compliance with the minimum bid price requirement of $1.00 per share, as stipulated by Nasdaq Listing Rule 5550(a)(2).

On July 18, 2025, PTL Limited was notified that the Company's listed security no longer meets the minimum $1 bid

PTL Limited Granted Additional 180-Day Grace Period to Regain Nasdaq Compliance

Thu, 22 Jan 2026 07:30:00 -0500

On July 18, 2025, PTL Limited was notified that the Company's listed security no longer meets the minimum $1 bid

PTL Limited Granted Additional 180-Day Grace Period to Regain Nasdaq Compliance

Thu, 22 Jan 2026 07:30:00 -0500

On July 18, 2025, PTL Limited was notified that the Company's listed security no longer meets the minimum $1 bid

PTL Limited Granted Additional 180-Day Grace Period to Regain Nasdaq Compliance

Thu, 22 Jan 2026 07:30:00 -0500

On July 18, 2025, PTL Limited was notified that the Company's listed security no longer meets the minimum $1 bid

PTL Limited Announces Financial Results for the First Half of Fiscal Year 2025

Mon, 03 Nov 2025 17:10:00 -0500

HONG KONG, Nov. 03, 2025 (GLOBE NEWSWIRE) -- PTL Limited (“PTL” or the “Company”) (Nasdaq: PTLE) is a limited liability company established under the laws of the British Virgin Islands on December 29, 2023. It is a holding company with no business operation. The Company, through its wholly-owned subsidiaries, Petrolink Energy Limited (“Petrolink Hong Kong”) and Petrolink Energy Pte. Ltd. (“Petrolink Singapore”), (collectively, the “Group”), is an established bunkering facilitator providing marine fuel logistics services for vessel refuelling, primarily serving the Asia Pacific market. The Group leverages on its close relationships and partnership within our established network

PTL Limited Announces Financial Results for the First Half of Fiscal Year 2025

Mon, 03 Nov 2025 17:10:00 -0500

PTL receives Nasdaq delisting warnings for market value and bid price

Thu, 24 Jul 2025 16:30:13 -0500

PTL Limited (NASDAQ: PTLE) received two compliance notices from Nasdaq on July 18, 2025, regarding violations of listing requirements for its Class A ordinary shares.

The company failed to meet the minimum market value of listing securities requirement of $35 million under Nasdaq Listing Rule 5550(b)(2). PTL has until January 14, 2026, to regain compliance by maintaining a market value of $35 million or more for at least ten consecutive business days.

PTL also received notification that its closing bid price remained below the required $1.00 per share for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). The company has the

PTL Limited Announces Receipt of Notice from Nasdaq Regarding Listing Rule 5550(b)(2) and 5550(a)(2)

Thu, 24 Jul 2025 16:30:00 -0500

Hong Kong, July 24, 2025 (GLOBE NEWSWIRE) -- PTL Limited (NASDAQ:PTLE) (“PTL” or the “Company”) today announced that on July 18, 2025, the Company received a notice from the staff of the Nasdaq Listing Qualifications department (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) stating that it is currently not in compliance with the minimum market value of listing securities (the “MVLS”) of US$35 million for continued listing of the Company’s class A ordinary shares of no par value each (the “Class A Ordinary Shares”) on the Nasdaq Capital Market, as set forth in Nasdaq

PTL Limited Announces Receipt of Notice from Nasdaq Regarding Listing Rule 5550(b)(2) and 5550(a)(2)

Thu, 24 Jul 2025 16:30:00 -0500

PTL Limited Announces Closing of $7.14 Million Public Offering of its Ordinary Shares

Fri, 11 Apr 2025 16:15:00 -0500

Hong Kong, April 11, 2025 (GLOBE NEWSWIRE) -- PTL Limited (NASDAQ: PTLE) (the “Company”), an established bunkering facilitator providing marine fuel logistics services for vessel refueling, serving the Asia Pacific market, today announced the closing of its public offering (the “Offering”) of 23,800,000 ordinary shares at a public offering price of $0.30 per ordinary share.

Gross proceeds, before deducting placement agent fees and other offering expenses, were approximately $7.14 million.

Revere Securities LLC acted as exclusive placement agent in connection with the Offering. Pacific Century Securities, LLC acted as advisor to the Company in connection

PTL Limited Announces Closing of $7.14 Million Public Offering of its Ordinary Shares

Fri, 11 Apr 2025 16:15:00 -0500

Gross proceeds, before deducting placement agent fees and other offering expenses, were approximately $7.14 million.

Revere Securities LLC acted as exclusive placement agent in connection with the Offering. Pacific Century Securities, LLC acted as advisor to the Company in connection

PTL Limited Announces Pricing of $7.14 Million Public Offering of its Ordinary Shares

Wed, 09 Apr 2025 20:30:00 -0500

Hong Kong, April 09, 2025 (GLOBE NEWSWIRE) -- PTL Limited (NASDAQ: PTLE) (the “Company”), an established bunkering facilitator providing marine fuel logistics services for vessel refueling, serving the Asia Pacific market, today announced the pricing of its public offering (“Offering”) of 23,800,000 ordinary shares at a public offering price of $0.30 per ordinary share.

Gross proceeds, before deducting placement agent fees and other offering expenses, are expected to be approximately $7.14 million. The Offering is expected to close on April 10, 2025, subject to customary closing conditions.

Revere Securities LLC is acting

PTL Limited Announces Pricing of $7.14 Million Public Offering of its Ordinary Shares

Wed, 09 Apr 2025 20:30:00 -0500

Revere Securities LLC is acting

PTL Limited Announced Full Exercise of Underwriter’s Over-Allotment Option

Wed, 06 Nov 2024 11:30:00 -0500

Hong Kong, Nov. 06, 2024 (GLOBE NEWSWIRE) -- PTL Limited (Nasdaq: PTLE) (the “Company”), an established bunkering facilitator providing marine fuel logistics services for vessel refueling, serving the Asia Pacific market, today announced that the underwriters of its previously announced initial public offering (the “Offering”) have exercised their over-allotment option (the “Over-Allotment Option”) in full to purchase an additional 187,500 ordinary shares at the public offering price of $4.00 per share, resulting in additional gross proceeds of $0.75 million. After giving effect to the full exercise of the Over-Allotment Option, the total number of ordinary shares

PTL Limited Announced Full Exercise of Underwriter’s Over-Allotment Option

Wed, 06 Nov 2024 11:30:00 -0500

PTL Limited (PTLE) Closes $5M IPO

Thu, 17 Oct 2024 14:01:09 -0500

PTL Limited (Nasdaq: PTLE) (the “Company”), an established bunkering facilitator providing marine fuel logistics services for vessel refueling, serving the Asia Pacific market, today announced the closing of its initial public offering (the “Offering”) of 1,250,000 ordinary shares (the “Ordinary Shares”), at a price of $4.00 per Ordinary Share (the “Offering Price”).

The Ordinary Shares commenced trading on the Nasdaq Capital Market on October 16, 2024 under the symbol “PTLE.”

The Company received aggregate gross proceeds of US$5 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to

PTL Limited (PTLE) Closes $5M IPO

Thu, 17 Oct 2024 14:01:09 -0500

The Ordinary Shares commenced trading on the Nasdaq Capital Market on October 16, 2024 under the symbol “PTLE.”

PTL Limited Announces Closing of Initial Public Offering

Thu, 17 Oct 2024 14:00:00 -0500

Hong Kong, Oct. 17, 2024 (GLOBE NEWSWIRE) -- PTL Limited (Nasdaq: PTLE) (the “Company”), an established bunkering facilitator providing marine fuel logistics services for vessel refueling, serving the Asia Pacific market, today announced the closing of its initial public offering (the “Offering”) of 1,250,000 ordinary shares (the “Ordinary Shares”), at a price of $4.00 per Ordinary Share (the “Offering Price”).

The Ordinary Shares commenced trading on the Nasdaq Capital Market on October 16, 2024 under the symbol “PTLE.”

The Company received aggregate gross proceeds of US$5 million from the Offering, before deducting underwriting discounts and other related