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SINGAPORE, Oct. 17, 2025 (GLOBE NEWSWIRE) -- SKK Holdings Limited ("SKK" or the "Company") (Nasdaq: SKK), a civil engineering service provider that specializes in subsurface utility works in Singapore, previously announced that it received a notification letter from The Nasdaq Stock Market LLC ("Nasdaq") on April 14, 2025, notifying the Company that based on the closing bid price of the Company for the period from February 28, 2025 to April 11, 2025, the Company did not meet the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share. The letter provided that the Company had 180 days to comply with this requirement and may be eligible for another 180 day extension. The Company was not able to meet the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2) to maintain a minimum bid price of $1 per share by October 13, 2025, which was the end of the 180-day compliance period.
Today the Company announced that it received a letter from Nasdaq dated October 14, 2025, notifying the Company that it is eligible for an additional 180-day extension, or until April 13, 2026, to regain compliance. The shares will continue to trade uninterrupted under the symbol "SKK" through the 180-day extension.
Posted In: SKK
